Ripple (XRP) Price Prediction – Can XRP Price Rise Further?

Disclaimer: The Industry Talk section contains insights from players in the crypto industry and is not part of Cryptonews.com’s editorial content.

The Ripple (XRP) price is in the midst of an impressive price rally, which is most likely the result of the overall market rally of the past few days. However, the rally appears to be declining somewhat again, making it unclear where exactly the coin is headed. Fortunately, our analysts have thoroughly investigated the situation and an analysis of the future situation can be found below.

XRP Price Action

Known as one of the most valuable coins in the current crypto market, XRP is priced at $0.36. The coin has shown a significant increase in the past 24 hours, with the price increasing by 3.69% within this period. The overall crypto market is only up 0.1% over the same period, making XRP currently outperforming the market.

XRP Ripple price
XRP is somewhat of a mixed bag from a technical standpoint. The price is below the short-term moving average (MA) indicators. This despite the price moving towards the 10-day MA of $0.3624. Moreover, according to the long-term indicators, it seems that the XRP price is going to increase and in the long term.

The positive moving average convergence divergence (MADC) shows that XRP is still giving a buy signal without the coin being overbought. For example, the Relative Strength Index (RSI) indicates a healthy 44.43.

Flare Network completed XRP Airdrop

XRP has just finished Flare Network AirDrop and this is good news for XRP enthusiasts. FLR is the initial symbol of the Flare-slayer-1 blockchain platform, which runs on an Oracle system. The system aims to enable interoperability between decentralized applications (dapps) and blockchains. The protocol crossed the Mainnet on July 11, 2022 and has completed 70 million transactions so far.

The next goal for Flare is to build a smart contract protocol that uses the XRP Ledger. The platform has promised to Airdrop FLR tokens to XRP holders if they have participated in the December 2020 snapshot.

The airdrop finally took place last Monday, two years after the promise was made. In total, 4.2 billion FLR tokens have been distributed.

New coins to look out for

So far, investors are interested in XRP and it seems that the coin still has the potential to rise more in the future. However, there are also good opportunities to be found among other projects. We often recommend presales, because this way investors get the chance to buy good projects at low prices.

Fight Out (FGHT)

FGHT is the original symbol of Fight Out, a platform that will turn the fitness world upside down to be moved to serve. The platform is only a few months old, but has already raised more than $2.8 million in pre-sales.

The platform rewards users for exercising and moving. In this way, the platform tries to encourage users to move more and stay active.

Fight Out gives users access to fitness content and sessions with professional trainers. The platform also allows users to specify fitness goals and create schedules to achieve those goals. Furthermore, there is a metaverse iteration where players can choose their own avatar and interact with other players.

Visit the Fight Out Presale

Note: Cryptocurrencies are volatile and unregulated investments.

Meta Masters Guild (MEMAG)

Another great project is MEMAG, a digital asset that powers the Meta Masters Guild (MMG). MMG aims to build a mobile-focused Web3 blockchain game ecosystem where games work individually.

MMG already has three games namely Raid NFT, Meta Masters World and Meta Kart Racers. All of these games will run on the Guild’s native token, MEMAG. Players of these games can earn MEMAG tokens for playing the game and completing tasks.

The MEMAG presale is now live and over $30,000 has already been raised. The price is currently at 0.0007 USDT, which will increase once additional capital is raised. It is therefore advisable for investors to top up as soon as possible while the price is still at an attractive point.

Visit the MEMAG Presale

Note: Cryptocurrencies are volatile and unregulated investments.

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