XRP Price Prediction: Ripple Token Slumps As Analysts Ask If An XRP ETF Is Next, And This AI Meme Coin Might Be The Best Crypto To Buy Now

The
XRP
price
dropped
1%
in
the
last
24
hours


to
trade
at
$0.5223

as
of
02:57
a.m.
EST
on
trading
volume
that
skyrocketed
104%
to
$2.2
billion.

This
comes
despite
there
being
speculation
over
whether
an
XRP
ETF
(exchange-traded
fund)
might
be
next
after
the
U.S.
Securities
and
Exchange
Commission
(SEC)


approved
eight
spot
Ethereum
ETFs
yesterday.

Ripple’s
CEO,
Brad
Garlinghouse,
said
in

February
that
a

spot
XRP
ETF
”simply
makes
sense.”

Ripple
CEO
Brad
Garlinghouse
has
expressed
optimism
about
an
XRP
ETF,
stating
he
would ‘certainly
welcome’
it.

Is
an

$XRP
ETF
next
in
line?
????#Ripple

#XRP

@bgarlinghouse

@Ripple

pic.twitter.com/ed25Vc0G2e

—
TheNewsCrypto
(@The_NewsCrypto)

February
21,
2024

He
called
this
week’s
events
momentous
for
the
crypto
community,
and
said
the
ETH
ETF
approvals
and
the
passing
of
the
FIT21
crypto
bill
”feels
like
hell
has
frozen
over!!”

Big
momentum
in
crypto
this
week
–
ETH
ETF
passed
and
bipartisan
support
on
crypto
legislation…

Feels
like
hell
has
frozen
over!!
????

https://t.co/70T0qLt1FH

—
Brad
Garlinghouse
(@bgarlinghouse)

May
24,
2024

Despite
a
bullish
uptick
last
week,
the
XRP
price
has
been
on
a
downtrend,
but
still
trades
within
the
consolidation
channel,
between
$0.55
and
$0.50,
data
from


GeckoTerminal

shows.

XRP
Price
Set
To
Soar
Over
The
Consolidation
Channel

XRP
trades
above
the
200-day
Simple
Moving
Average
(SMA),
an
indication
that
XRP
could
soar
in
the
long
term.
The
200-day
SMA
also
acts
as
a
support
level,
encouraging
the
bulls
to
win
the
struggle,
which
may
push
XRP
beyond
the
50-day
SMA
at
$0.5251.

The
Relative
Strength
Index
(RSI)
currently
coincides
with
the
current
retrace,
as
the
RSI
nosedives
from
the
70-overbought
region
to
44
and
continues
to
move
down,
hurtling
towards
the
30-oversold
level.

XRP
Price
Prediction

The
XRP
price
analysis
on
the
4-hour
chart
shows
that
XRP
is
currently
on
a
downtrend,
trading
below
the
critical
resistance
zone
at
$0.549.
Moreover,
the
50-day
SMA
trades
below
the
200-day
SMA,
forming
a
death
cross
around
$0.52.

However,
the
bulls
remain
resilient
within
the
consolidation
channel,
which
may
lead
to
a
rally
towards
a
breakout
above,
as
the
bulls
target
$0.65.

If
the
bears
continue
exerting
more
pressure,
XRP
could
breach
the
lower
boundary
of
the
consolidation
channel,
as
the
bulls
retreat
to
the
support
level
of
around
$0.47.

Meanwhile,
as
the
XRP
bulls
aim
for
a
breakout,
some
investors
are
turning
to
the
WienerAI
token,
$WAI.
The
token
is
set
to
emulate
other
dog-themed
tokens
like
SHIB
and
DOGE
as
it
leverages
its
AI
capabilities.

WienerAI
Presale
Blasts
Past
$2.5
Million
–
Best
AI
Trading
Bot
Meme
Coin
Companion
To
Buy

Investors
are
piling
into


WienerAI
(WAI)

by
the
minute,
with
the
crypto
sector’s
cybernetic
sausage
dog
sensation
already
garnering
over
$2.5
million
in
presale,
as
it
hurtles
towards
the
$3
million
interim
target.

The
project
combines
two
of
the
hottest
niches
in
crypto:
AI
and
meme
coins.

Don’t
be
left
out
in
the
cold.

GET
IT
WHILE
IT’S
HOT

????????????????????????????????????????????????

pic.twitter.com/I69IUJanLC

—
WienerAI
(@WienerDogAI)

May
8,
2024

Aiming
to
provide
a
unique
level
of
utility
not
typically
seen
in
other
meme
coins,
WienerAI
features
an
advanced
AI
trading
bot
that
provides
investors
with
a
smart,
user-friendly,
on-chain
assistant
to
enhance
their
trading
experience.

WienerAI
is
more
than
a
trading
bot

It’s
your
AI
trading
companion!

More
details
coming
SOON!

pic.twitter.com/HG5C0tE6Rk

—
WienerAI
(@WienerDogAI)

May
14,
2024

WienerAI
is
set
to
follow
in
the
footsteps
of
another
successful
recent
token
launch,
canine
meme
coin,
and
AI
security
token
Scotty
the
AI
($SCOTTY),
which
netted
close
to
$10
million
in
a
recent
presale.

$WAI
holders
can
also
earn
passively
through


the
project’s
staking
function,
which
provides
an
annual
percentage
yield
(APY)
of
366%.

CONGRATS!

WEENIES
ARE
BEING
STAKED
AND
STACKED
AT
RECORD
SPEED!

Get
yours
here:

https://t.co/k7IFimoTWr

????????????????????????????????????????????????????????????????????????

pic.twitter.com/WCVGZRODer

—
WienerAI
(@WienerDogAI)

May
11,
2024

According
to
Crypto
Boy,
a
prominent
crypto
analyst
on
YouTube
with
more
than
40K
subscribers,
$WAI
has
the
potential
to
soar
100X
after
launch.

If
you
are
interested
in
participating
in
the
presale,
you
can
buy
the
token
for
$0.00071.
But
hurry
as
the
price
will
increase
in
less
than
two
days.

You
can
buy
WAI
tokens
on
the
official
website
here

using
ETH,
BNB,
USDT,
or
a
bank
card.

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