Ripple Latest News: XRP Price up on Bullish Market Moves; JetBolt Rises Sharply
The chatter of XRP buyers and pundits intensifies as Ripple's XRP price climbs at 1.3% over the past 24 hours, with many expecting more bullish trends to follow. XRP recently experienced a small surge following breaking news in its SEC court case. However, as rumors continue to circulate about an SEC appeal in the XRP case, Ripple’s price has flatlined with some expecting a possible crash. Amidst XRP's minimal uptick, whales follow the potential breakout star, JetBolt (JBOLT). Let's get into the details of XRP and JetBolt.
XRP Price on the Rise Amid Bullish Market Moves
Cross-border payments pioneer Ripple's XRP is back in the limelight with its recent price surges, signaling more bullish moves ahead. XRP has pushed up to $0.592 after being stuck at $0.58 for a few days, reflecting renewed optimism. Ripple has been embroiled in a four-year-long legal fight against the US Securities and Exchange Commission, which has largely swayed the price of XRP.
Analysts at CoinCodex say XRP could rise by 19.75% and reach $0.70 by October 2024, as the current sentiment is bullish based on their technical indicators. The outcome of these predictions largely hinges on the outcome of the SEC case and the rate of institutional adoption. Grayscale and Robinhood recently made headlines following positive announcements about XRP.
However, some experts warn that a weak trendline could spell trouble for XRP and may lead to sell-offs. With the added fear of a last-minute SEC appeal against Ripple, altcoin buyers are jumping to fresh crypto coins like JetBolt (JBOLT) that could see growth compared to XRP.
XRP Whales and Buyers Pivot to New Altcoin JetBolt
While XRP holders hold strong amid fears of the impact of SEC's looming last-minute appeal to Ripple, JetBolt is becoming the newest crypto sensation. This high-potential coin has surpassed $180,000 in sales very quickly.
Whales find JetBolt appealing for its unique combination of AI technology and zero-gas fees, which are deemed game-changing innovations. Aside from these features, JetBolt offers an easy-to-earn staking protocol and an intuitive built-in Web3 wallet that novice crypto buyers and traders favor. JetBolt’s ongoing presale has seen a massive influx of buyers eager to lock in their tokens before the daily price increases kick in.
Conclusion — Ripple Holds Firm as JetBolt Leads the Charge
Ripple’s XRP price rise offers some optimism amid market uncertainty. While there are warning signs of a downtrend, XRP’s current bullish moves are a positive signal for investors holding on for long-term gains.
At the same time, whales and even first-time token buyers are eyeing the new altcoin JetBolt. With its presale milestone and cutting-edge features that help address key barriers to crypto adoption, some ponder whether this coin could be the next big thing and become the breakout star of 2024.
For those interested in JetBolt’s features and its ongoing presale, check out the following links:
JetBolt Official Website: jetbolt.io
Telegram: https://jetbolt.io/telegram
X (Twitter): https://x.com/JetBoltOfficial
Note: This article is not financial advice. Always conduct thorough and personal research before diving into any cryptocurrency.
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