[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"news-aggregator-xrp-price-hits-dollar100-billi6001937fb5-9d82-78b7-9147-0253ae67fa94":3},{"id":4,"timestamp":5,"title":6,"content":7,"link":8,"preview":9,"tags":10,"predictedTags":11,"showTags":12,"source":13,"reactions":14,"selfReactions":15,"logo":16,"sourceId":17,"sourceUserId":18,"asset":19,"tagsCategories":20,"totalComments":21,"lang":22,"unique_views_count":23,"enrichStatus":19,"triageKind":18,"triageImportance":18,"expandEligible":18,"summarizeEligible":18,"eventEligible":18,"eventType":18,"eventAction":18},"xrp-price-hits-dollar100-billi6001937fb5-9d82-78b7-9147-0253ae67fa94","1733013024000","XRP Price Hits $100 Billion Market Cap: What’s Next?","\u003Cimg src=\"https://coingape.com/wp-content/uploads/2024/11/XRP-Price-Hits-100-Billion-Market-Cap_-Whats-Next_-1.webp\" alt=\"XRP Price Hits $100 Billion Market Cap: What’s Next?\" />\u003Cp>The XRP price has hit a $100 billion market cap again, further providing a bullish outlook for the crypto, which has been one of the best-performing crypto assets in recent times. Crypto analysts like Dark Defender have provided insights into what could come next for XRP.\u003C/p>XRP Price Could Rally To $5 Next\u003Cp>In an X post, crypto analyst Dark Defender suggested that the XRP price could rally as high as $5 on its next leg to the upside. This came as he noted that the first target of $1.8 for XRP in this bull run has happened, which led to the crypto hitting the $100 billion market cap mark.\u003C/p>\u003Cp>\u003Cimg src=\"https://coingape.com/wp-content/uploads/2024/11/Image-from-iOS-33.jpg\" alt=\"\" />\u003C/p>\u003Cp>With the first target out of the way, XRP could reach $5.8, which Dark Defender’s accompanying chart highlights as one of the median targets. Interestingly, the chart also highlights $18 as a median target, indicating that the crypto could reach this level at some point.\u003C/p>\u003Cp>Dark Defender also recently used his \u003Ca href=\"https://coingape.com/analysts-elliot-wave-theory-shows-xrp-price-can-hit-18-heres-when/\" target=\"_blank\">Elliot Wave theory analysis\u003C/a> to show how XRP could hit $18 in this market cycle. The chart showed this parabolic rally would occur on the Wave 5 impulsive move to the upside.\u003C/p>\u003Cp>Meanwhile, in another \u003Ca href=\"https://x.com/defenddark/status/1862834583286214942?s=46\" target=\"_blank\">X post\u003C/a>, the crypto analyst warned about how critical the Fibonacci level at $1.8815 is in the short term. He noted that the XRP price touched $1.9508 and then bounced back to this Fib level. In line with this, he stated that the crypto must stay above $1.8815 for at least three candles.\u003C/p>\u003Cp>According to Dark Defender, the first step is to stay 12 hours above this level, followed by a 3-day close above this level. A sustained close above this Fib level could confirm that as a significant support level and propel XRP to new highs.\u003C/p>\u003Cp>Amid the recent XRP rally, it is worth mentioning that the \u003Ca href=\"https://coingape.com/what-is-next-for-the-xrp-price-after-flipping-bnb/\" target=\"_blank\">crypto has flipped BNB\u003C/a> to become the fifth-largest crypto by market cap. Dark Defender believes XRP could flip Solana next to become the fourth-largest crypto by market cap. The analyst had before now also boldly predicted that the crypto would flip Ethereum at some point.\u003C/p>Double Digits Price Target On The Horizon\u003Cp>Crypto analysts like Egrag Crypto and Mikybull Crypto have also suggested that a double-digit price target for the XRP price is on the horizon. In his analysis, Egrag Crypto stated that FOMO will ignite if XRP closes above the $2 level.\u003C/p>\u003Cp>He added that if history repeats itself, XRP will likely trade in double digits between $20 and $27. From the accompanying chart, the analyst looks to be referring to the 2017 bull run, in which XRP recorded massive gains on its way to its current all-time high (ATH) of $3.8.\u003C/p>\u003Cp>\u003Cimg src=\"https://coingape.com/wp-content/uploads/2024/11/Image-from-iOS-34.jpg\" alt=\"\" />\u003C/p>\u003Cp>Crypto analyst Mikybull Crypto also stated in an X post that the XRP price is giving off 2017 rally vibes. Based on this, the analyst predicts that XRP will hit $2 and then experience a pullback before it continues its “vertical hated rallies” to a new cycle top of probably $10.\u003C/p>\u003Cp>\u003Cimg src=\"https://coingape.com/wp-content/uploads/2024/11/Image-from-iOS-35.jpg\" alt=\"\" />\u003C/p>\u003Cp>In another X post, he told market participants to watch what will follow after XRP breaks a new ATH. The crypto analyst added that the 2017 kind of massive rallies are about to be unveiled before everyone’s eyes. With XRP flying high at the moment, a recent CoinGape market analysis also raised the possibility of the \u003Ca href=\"https://coingape.com/markets/xrp-price-skyrockets-20-could-ath-be-around-the-corner/\" target=\"_blank\">crypto’s ATH being imminent\u003C/a>.\u003C/p>\u003Cp>The post \u003Ca href=\"https://coingape.com/xrp-price-hits-100-billion-market-cap-whats-next/\">XRP Price Hits $100 Billion Market Cap: What’s Next?\u003C/a> appeared first on \u003Ca href=\"https://coingape.com\">CoinGape\u003C/a>.\u003C/p>","https://coingape.com/xrp-price-hits-100-billion-market-cap-whats-next/","https://coingape.com/wp-content/uploads/2024/11/XRP-Price-Hits-100-Billion-Market-Cap_-Whats-Next_-1.webp","[\"24/7 Cryptocurrency News\",\"Altcoin News\",\"XRP\",\"XRP price\"]","[\"Ethereum\",\"ETH\",\"Solana\",\"SOL\",\"Step\",\"STEP\",\"X\",\"Market\",\"ATH\"]","[{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/ETH.png\",\"name\":\"ETH\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/SOL.png\",\"name\":\"SOL\"},{\"img\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/coins-lib/full-library/color/STEP.png\",\"name\":\"STEP\"},{\"name\":\"X\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/x.png\"},{\"name\":\"Market\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/market.png\"},{\"name\":\"ATH\",\"logo\":\"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/protocols/ath.png\"}]","60",[],[],"https://toscalepublic.s3.eu-west-2.amazonaws.com/images/news-feeds/sources/coingape.png","Coingape",null,"","[\"Crypto\"]","0","EN","4"]