Crypto Influencers Post Viral Ripple (XRP) Price Prediction - Here's One Altcoin To Consider

The XRP price continues to hover around the $0.5 mark, making it one of the most frustrating altcoins to hold during this market cycle. 

Despite the sideways price action, the XRP community remains strong, and crypto analysts are constantly weighing in on potential price movements. 

Meanwhile, Rebel Satoshi’s RECQ is emerging as one of the hottest crypto presales, and is a new meme coin with utility.. Let's dig in.

XRP Price Forecast

XRP’s price has experienced a 3% dip this week, trading slightly below $0.5 at the time of writing. 

Jason Marks, a crypto influencer with a substantial following of over 40,000 on Twitter, posted a bullish outlook on XRP. 

He pointed out that XRP’s price action has been displaying a similar pattern to the “Hidden Bullish Divergence” that preceded the remarkable 62,100% price surge in 2017-2018 bull run.

According to Marks, with XRP’s prices nearing potential breakout levels and exhibiting this divergence, a bullish breakout to the upside appears highly likely. 

He suggested that the XRP price could potentially surge into the double-digit range, reaching $10, $20, or even higher, sooner than many in the industry anticipate.

Mathew Dixon, another crypto influencer with a following of 23,000 on Twitter, offered his perspective on XRP’s recent price action. Dixon acknowledged that XRP has been lagging behind and experiencing a clear sideways consolidation phase. 

However, he believes that this consolidation period should be done soon, which could pave the way for a rally, potentially pushing XRP’s price to at least the $0.6 level in his opinion. 

So, XRP price forecast is a bit more conservative than the one Marks made.

While Dixon expects this initial rally to be followed by a corrective wave (referred to as a “Y wave”), he anticipates a larger upside move to follow subsequently.

Technical indicators suggest that XRP is currently in a consolidation phase. The MACD line is below the MACD signal line, indicating a potential bearish trend. However, the RSI hovers around 52, suggesting a neutral sentiment. 

For XRP to regain bullish momentum, it needs to break through the crucial $0.8 resistance level, where the price has been rejected multiple times over the past 12 months.

XRP Price Lags Meme Coins – RECQ to Watch?

It's clear that XRP’s price has been lagging behind the gains of meme coins during this bull run.

Rebel Satoshi’s RECQ is a new player in the meme coin sector.

Currently in presale at 0.0044 USDT, RECQ is gearing up for its next stage price of 0.0055 USDT, with a launch price of 0.0125 USDT. Almost 600 million RECQ tokens have already been sold during the presale.

But, what exactly is driving investors to this new meme project?

RECQ serves as the base currency that underpins all transactions and interactions within the Rebel Satoshi platform, including the Rebel Satoshi Arcade gaming experience, NFT marketplace, merchandise purchases, and rewards program.

Holders can utilize RECQ to purchase exclusive merchandise items and NFTs available on the platform. 

Additionally, RECQ provides access to the Rebel Satoshi Arcade, a gaming experience that features play-to-earn (P2E) games such as Rebel Run, Guy Fox, and Rebel Satoshi: God Save The King.

Moreover, RECQ holders can participate in the Rebel Satoshi rewards program, earning additional benefits for their participation and engagement within the ecosystem. 

Importantly, RECQ ensures liquidity for all transactions and interactions that take place within the Rebel Satoshi platform, facilitating seamless economic activity.

The RECQ project has been actively marketing its offerings across various crypto media outlets, generating buzz and interest among investors. 

While XRP’s price prediction remains uncertain, RECQ presents an alternative for those seeking more exposure to the meme coin sector.

Conclusion

To sum things up – As XRP continues its sideways price action, crypto influencers and analysts are offering their predictions on potential price movements. This is purely because Ripple has a strong community.

While some expect a bullish breakout, others anticipate a continuation of the consolidation phase. 

Regardless of XRP’s trajectory, the meme coin sector is outperforming it, with Rebel Satoshi‘s RECQ emerging as a promising contender.To find out more and join the movement of Rebel Satoshi, visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

This post was authored by an external contributor and does not represent Benzinga’s opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice. Cryptocurrency is a volatile market; do your independent research and only invest what you can afford to lose. New token launches and small market capitalization coins are inherently more risky than large cap cryptocurrencies. These tokens are subject to larger liquidity and market risks.