XRP price rallies toward $1 level – time to buy?

XRP price rallies toward $1 level – time to buy?

The Rise of XRP in the Blockchain Industry

XRP Price Prediction Image Source: TradingView

The XRP price has experienced a 1% increase in the past 24 hours, reaching $0.523743. This rise comes as the cryptocurrency market as a whole has increased by just over 3% today1. XRP has been performing well, with a 6% increase in the past week and nearly 6% in the last 30 days. Furthermore, the altcoin has appreciated by 54% since the beginning of 20232. These positive results are attributed to Ripple’s favorable outcome in its case against the SEC in mid-July3.

As the wider market begins a potential long-term recovery, XRP is poised for further gains in the coming days and weeks, fueled by Ripple’s ongoing expansion as a company4.

XRP Price Prediction: Towards the $1 Level – Time to Buy?

XRP has long been on the cusp of recovering from recent losses, and it appears that a sustained rebound has finally started5. The 30-day moving average of XRP is beginning to rise slightly towards its 200-day average. It is expected that the price will climb more steeply in the next one or two days, potentially signaling a breakout when it crosses the longer-term average6. Another positive sign is XRP’s relative strength index (RSI), which has risen close to 60. This signifies a significant increase in momentum after a prolonged oversold position7. Importantly, the RSI still has room to rise before XRP becomes overbought8.

The current rise in XRP can be attributed to the recent market-wide rally that began over the weekend, possibly influenced by the US Congress agreeing on a last-minute spending bill to avoid a government shutdown9. However, potential buyers should be aware that some whales may take advantage of the current recovery to sell some of their holdings10. In other words, XRP may experience short-term dips before achieving a longer-term recovery, with the possibility of the altcoin returning to $0.60 in the next few weeks11.

XRP’s fundamentals remain strong, thanks to Judge Analisa Torres declaring that XRP is not a security. This ruling enabled US-based exchanges to relist the tokens, and it has also allowed Ripple to resume expanding its cross-border transfer business more aggressively12. Ripple has recently made several new partnerships and acquisitions, enhancing its position for healthy growth in the months and years to come. For XRP, this suggests the potential to regain previous price levels, including $1. If a full-blown bull market emerges in 2024, XRP could even surge towards $2 or $313.

Exploring Alternative Altcoins for Market-Beating Gains

While XRP is expected to experience significant gains in the future, it may take time for these to materialize. In the meantime, traders may find better opportunities by investing in newer altcoins that have yet to rally. This includes presale coins that have the potential for a surge once listed on exchanges for the first time14.

One such example is TG.Casino (TGC), an Ethereum-based casino platform that has already raised over $300,000 since the start of its presale15. TG.Casino is not only an online gaming platform but also has a strong presence on Telegram, tapping into the large communities already established there16. Unlike many presale tokens that ultimately turn out to be vaporware, TG.Casino has already launched its platform, offering users a diverse range of video games and traditional casino experiences. Rewards earned on the platform are in the form of TGC, the native token of TG.Casino17.

TGC has a maximum supply of 100 million tokens, with a distribution allocation as follows: 40% to the presale, 20% to staking rewards, 20% to DEX liquidity, 10% to gaming rewards, and 10% reserved for marketing and affiliates18. Potential investors can participate in the sale by visiting the official TG.Casino website and connecting their wallets. During the presale, 1 TGC is priced at $0.12519. Following the conclusion of the offering, TGC will be listed on trading platforms, potentially paving the way for significant price surges20.

Please note that cryptocurrency investments carry a high level of risk. This article aims to provide informational purposes only and should not be considered as investment advice. Investors should be aware of the potential risks and conduct their own research.

Click here to visit TG.Casino

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.


  1. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  2. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  3. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  4. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  5. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  6. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  7. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  8. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  9. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  10. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  11. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  12. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  13. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  14. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  15. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  16. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  17. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  18. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  19. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎

  20. Author. (2023). XRP Price Prediction as XRP Rallies Toward $1 Level – Time to Buy? Retrieved from source↩︎