Ripple XRP Up 70% on the Year: Is $1 Inevitable?

As a plethora of assets is amid a surge, Ripple (XRP) has seen its value up 70% on the year with $1 drawing ever closer. Indeed, Bitcoin has led an overall surge in digital assets. Many investors are now asking: can XRP reach $1 in 2024?

With many assets surging in value, Ripple (XRP) has witnessed a 70% increase in its worth over the year, with a staggering $1 psychological barrier seemingly within reach. But is this sustainable? With the token’s continued stagnation, the market is awaiting whether or not Ripple still has a chance to reach $1 at some point this year. Such an increase would require... well, that's what we'll analyze!

XRP Price Analysis: Can Ripple Reach $1?

Technical analysis plays a crucial role in predicting XRP's future. Fibonacci numbers suggest XRP’s next big goal is $0.57, with a chance of hitting $1 and $1.0675 in the first half of the year. There’s a possibility of XRP reaching its ambitious targets if market conditions remain favorable.

Ripple technical analysis suggests the XRP price could hit $70 if it can break some critical resistance ahead. Source: EGRAG via X. This, however, is a long-term, highly optimistic scenario.

XRP Performance: A Monthly Overview

On average, XRP posted a monthly performance that, while showing positive growth, still needs a significant boost to reach the coveted $1 mark by 27 de sept. de 2025. Stay tuned for further updates as we continue to monitor XRP's progress and the factors that could influence its price trajectory.

Is $1 for XRP inevitable? The market holds its breath...