Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
XRP To Reach $3 By End of 2024? Ripple Investors Are Anticipating a Huge Rally

XRP To Reach $3 By End of 2024? Ripple Investors Are Anticipating a Huge Rally

CryptoNewsCryptoNews2024/11/19 12:55
By:Simon Chandler

Veteran trader Peter Brandt expects XRP to break out in the event of it passing its 2021 high, with the post-election landscape increasing the probability of such a development.

Last updated:
November 19, 2024 05:22 EST

The price of XRP has dipped by 4% today, retracing its steps to $1.09 as the cryptocurrency market as a whole loses 2% in the past 24 hours.

XRP is correcting a little after a very exuberant week, with speculation of a meeting between President-elect Trump and Ripple CEO Brad Garlinghouse pushing the altcoin up by 61% in a week.

And with XRP also up by 113% in a fortnight, many investors and analysts are beginning to expect that it will end 2024 in a big way.

This includes veteran trader Peter Brandt, who has recently shared his belief that if the coin can top its 2021 high of $1.96 it will go on to surge in the following months.

XRP To Reach $3 By End of 2024? Ripple Investors Are Anticipating a Huge Rally

Posting on X, Brandt noted that XRP is steadily breaking its previous highs, with its 2023 high of $0.82 already well behind it.

Ready to RIP $XRPUSD
Massive coil
2023 high now cleared
If 2021 high is cleared, then 🎑🚀🚀🚀🚀🚀 pic.twitter.com/bNKgJMC302

— Peter Brandt (@PeterLBrandt) November 18, 2024

As we can see above, he also noted that XRP’s price chart has formed a “massive coil” over the past few weeks, meaning that it had been trading within an increasingly narrow range.

But it’s clear that the coin has now broken out of this tight range, with the election of the pro-crypto Donald Trump seemingly kick-starting a new bull market.

XRP has benefitted from this bull market more than many other major tokens, given that Garlinghouse has met with Trump in recent days .

It also helps that Trump is likely to remove Gary Gensler from his position as the Chairman of the SEC , something which could result in a softening of the regulator’s stance on Ripple and XRP.

Taken together, these factors could indeed help XRP to have a massive XRP, with a new record high certainly a realistic target for the coin.

Looking at its chart today, XRP is experiencing a short-term correction, as traders take profits from its recent rallies.

XRP To Reach $3 By End of 2024? Ripple Investors Are Anticipating a Huge Rally image 1 Source: TradingView

We can see its relative strength index (purple) slide below 50 today, and it may get closer to 30 before it experiences another upturn.

This suspicion finds support in XRP’s 30-period moving average (orange), which is also sinking after a sustained rise.

Based on these indicators, the alt may slip to $1.06 in the next one or two days, before more buyers come in to push it back towards $1.20.

#XRP formed a bullish symmetrical triangle. Looks like this will break out in the next 24 hours with price shooting above $1.30. pic.twitter.com/CVHjlo3pGZ

— CryptoBull (@CryptoBull2020) November 19, 2024

Some analysts are even more bullish than this, of course, yet regardless of the near term XRP could hit $1.80 by the end of the year, before targeting $2.50 by H2 2025.

New Presale Tokens Set for Big Opening

XRP does look like it’s on the brink of making up for lost time, but it may be dependent on regulatory and legal developments for a major rally.

As such, some traders may prefer to look towards tokens that don’t carry so much baggage, in which case they would do well to investigate small-cap alts and some of the more promising presale coins.

One of the most bullish presales right now belongs to FreeDum Fighters (DUM), an ERC-20 token that has raised close to $600,000 In its presale.

600k is getting closer!

Let's keep pushing Fighters 🏎️ pic.twitter.com/52XNfh1LBQ

— FreeDum Fighters (@Freedum_Fighter) November 17, 2024

Given that FreeDum Fighters opened its sale only a few weeks ago, this total is very promising, and suggests growing interest in the project.

And what’s interesting about the project is that it will enable DUM holders to stake their tokens in one of two pools, with each based loosely around the two candidates in this past US election.

What’s unique and interesting about FreeDum Fighters’ staking mechanism is that the least popular pool at any given time while increase its staking yield to attract holders back to it.

Not only will this ensure a balance, but it will enhance community engagement, with the project opening online forums in which users can share info and views on each pool.

Its platform will also host regular debates, with winners of debates receiving airdrops.

Investors can join its sale by going to FreeDum Fighters’ website and connecting their crypto wallets.

1 DUM currently costs $0.000085, although this will rise to $0.000125 by the sale’s final stage.

Investors should therefore get their skates on, especially if they want to make the biggest possible gains when the time comes for DUM to list.

Check Out Freedum Fighters Here

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.
Trending News Price Predictions Recommended Articles
Altcoin News Ripple Labs CEO Faces Backlash for Shilling XRP and CBDCs in Alleged Trump Meeting 2024-11-17 18:00:00 , by Ruholamin Haqshanas
Price Analysis Is Stellar the Next Ripple? Bullish Action as XLM Spikes 32% in A Day 2024-11-17 09:04:58 , by Arslan Butt
Industry Talk Pepe Unchained FOMO Grows as Presale Reaches $36M, 25 Days to Tier-1 Listing 2024-11-18 14:00:36 , by Gary McFarlane
2

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

YGG +193.75% 24H Due to Volatile Market Dynamics

- YGG surged 193.75% in 24 hours to $0.1572 on Aug 28, 2025, amid volatile market dynamics. - This followed a 561.34% 7-day drop, highlighting extreme short-term investor sentiment shifts. - A 660.13% monthly gain contrasts with a 6672.11% annual decline, underscoring unstable market conditions. - The rebound lacks clear fundamentals, raising doubts about sustainability amid broader bearish trends.

ainvest2025/08/28 12:28
YGG +193.75% 24H Due to Volatile Market Dynamics

Bitcoin's Weakening Momentum and the Looming Correction: A Cautionary Tale for Crypto Investors

- Bitcoin faces triple threats: deteriorating technical indicators, Fed liquidity withdrawal, and bearish options positioning trigger correction risks. - MACD divergence and RSI weakness signal momentum exhaustion, while $14.6B in BTC puts highlight market capitulation fears. - Gamma pressure intensifies near $111K, with 20% drop in perpetual futures open interest and ETF outflows from BlackRock/Fidelity. - Strategic hedging (puts/futures) and position reduction urged as liquidity shocks expose crypto mark

ainvest2025/08/28 12:24
Bitcoin's Weakening Momentum and the Looming Correction: A Cautionary Tale for Crypto Investors

Ethereum's Structural Outperformance Over Bitcoin in the Institutional ETF Era

- Ethereum dominates institutional ETFs in 2025 due to regulatory clarity, yield innovation, and infrastructure utility. - The GENIUS and CLARITY Acts reclassified Ethereum as a utility token, enabling SEC-compliant staking yields (3-5%) absent in Bitcoin's PoW model. - Ethereum ETFs attracted $9.4B in Q2 2025 vs. $552M for Bitcoin ETFs, driven by capital efficiency and deflationary supply dynamics. - Over 19 public companies now stake Ethereum for compounding returns, cementing its role as infrastructure

ainvest2025/08/28 12:24
Ethereum's Structural Outperformance Over Bitcoin in the Institutional ETF Era

Stablecoins as the New Backbone of Global Payments: The USDC Cross-Border Revolution

- Circle and Finastra integrate USDC stablecoin into GPP platform, merging blockchain speed with traditional banking systems for cross-border payments. - The hybrid model reduces settlement times by 90% and costs by 40%, bypassing correspondent banking delays while maintaining SWIFT/ISO 20022 compatibility. - USDC's $65B circulation and regulatory backing (GENIUS Act, MiCA) drive institutional adoption, with Circle's IPO valuation surging 450% amid stablecoin market growth projections. - Risks include regu

ainvest2025/08/28 12:24
Stablecoins as the New Backbone of Global Payments: The USDC Cross-Border Revolution