Here’s Why XRP Price May Have a Zcash-Like Surge

crispus
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Here’s Why XRP price may surge soon

Highlights

  • XRP price could soon have a Zcash-like bull run as fundamentals and technicals align.
  • The coin has formed a falling wedge, a bullish flag, and aa cup-and-handle pattern.
  • There are odds that the SEC will approve spot XRP ETFs after the shutdown ends.

XRP price has continued to underperform the crypto market this month. It has sunk into a bear market after falling by 22% from its highest point this year. Still, the Ripple price has some major catalysts that may lead to a Zcash-like surge. 

Frequently Asked Questions (FAQs)

1. What is the most likely XRP price forecast?

The XRP price will likely have a strong bullish breakout in the coming weeks because of its stron technicals and fundamentals.

2. Which bullish technicals has the Ripple price formed?

The XRP price has formed a falling wedge, a cup-and-handle, and bullish flag pattern on the daily chart.

3. What are the top Ripple price fundamentals?

The top XRP price fundamentals are the upcoming XRP ETF approvals, growing staked XRP assets, and its strong utility.
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.