XRP Price Prediction: XRP 4.7% Growth, Whales React to Ripple Swell and JetBolt Momentum Grows

October 17, 2024
·
4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This week, XRP has managed a 4.7% uptick, now at $0.5612. This resilience has sparked discussions among XRP holders and traders, reacting to the developments at the Ripple Swell event and evaluating whether this price movement signals a sustainable rally or just a brief respite in a turbulent market.

Meanwhile, as crypto whales weigh their options for diversification in the vast crypto landscape, the spotlight is shifting to JetBolt (JBOLT). As JetBolt's presale gains momentum, it's gaining the crypto market’s attention, with many users eager to take advantage of its groundbreaking ecosystem. Could JetBolt be the next big altcoin every blockchain enthusiast is waiting for?

XRP’s 4.7% Growth: Whales React at Ripple Swell as Major Developments Unfold

Ripple's XRP has seen a 4.7% price uptick this week, with its current price holding at $0.5612. This growth comes on the back of Ripple Swell, where key announcements sparked optimism among Ripple’s supporters. During the event, whales closely monitored news, reacting to developments like Ripple's expanding partnership with MoonPay, which now allows users to purchase and store XRP directly through its app.

The launch of the RLUSD stablecoin further boosted confidence in Ripple's ecosystem as well, signaling that XRP may be moving toward broader adoption. Adding to the excitement is the recent XRP-spot ETF predictions, following Grayscale's application for a multi-crypto ETF that includes XRP.

However, despite these positive moves, uncertainty continues to linger due to the SEC's pending appeal on XRP's legal status. This has prevented XRP from breaching the crucial $0.60 resistance level. According to technical analysis, XRP needs to stay above this mark to sustain upward momentum, or it could risk tumbling back to $0.50. Fortunately, XRP's performance over the past week showcases a steady upward trend, punctuated by minor dips, as it rallies from around $0.53 to nearly $0.56.

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This price movement illustrates the market's wary optimism, as traders eagerly anticipate a breakout that could signal a more robust recovery in the days ahead.

XRP’s 7-day trading chart from CoinMarketCap, showing a steady upward trend with minor fluctuations

XRP’s 7-day trading chart from CoinMarketCap, showing a steady upward trend with minor fluctuations

As XRP holders assess its latest developments, many are cautiously hoping for more positive movements, despite the looming backdrop of the SEC case, which could extend until 2025. On the other hand, whales are increasingly steering toward JetBolt (JBOLT), a fast-growing next-gen altcoin with a successful presale and groundbreaking features.

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JetBolt (JBOLT)'s Meteoric Rise: A Magnet for Crypto Whales

JetBolt (JBOLT) is swiftly becoming the go-to altcoin, igniting excitement among crypto enthusiasts and whales alike. Since its launch in August 2024, the JetBolt presale has pulled in exceptional market attention, surpassing a whopping $335,000 in sales within just over 2 months.

This groundbreaking platform is revolutionizing the way transactions are conducted, thanks to its cutting-edge zero gas technology, which allows users to execute transactions without incurring gas fees, opening doors to limitless innovations while enhancing both efficiency and accessibility.

JetBolt innovates with many other amazing features. One standout feature is its AI-powered insights tool, which gives its holders access to the latest updates and news in the crypto space. In an industry where it is essential to stay ahead of the curve, JetBolt’s artificial intelligence tool is an invaluable resource.

Moreover, JetBolt’s unique presale perks are creating a buzz in the crypto community, such as daily price increases. Another early-bird benefit is the special Alpha Boxes, which unlock additional JBOLT tokens—from 5% up to 25%—for batch purchases, providing an enticing opportunity for early adopters to maximize their holdings. As JetBolt’s presale progresses, whale activity is surging, with more and more crypto users jumping in on this innovative opportunity.

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With its fully functional ecosystem already in place even during the presale phase, JetBolt is establishing itself as a formidable player in the crypto landscape. As more whales dive into the presale, JetBolt stands out as a revolutionary platform that’s leading the ride in this wave of blockchain innovation.

In Summary: XRP's Optimism Behind Challenges and JetBolt's Surge

As Ripple’s XRP struggles below the critical $0.60 mark, the uncertainty from ongoing regulatory battles looms large, resulting in blurry visions regarding its future. Meanwhile, the buzz around JetBolt (JBOLT) is undeniable, with its presale success pulling in crypto whales eager to take advantage of its innovative technology. With multiple real-world use cases, JetBolt is swiftly becoming a whale-favorite, making a name for itself as a compelling player worth exploring further in this ever-competitive crypto landscape.

Ripple Price Prediction: XRP 4.7% Growth, Whales React to XRP Swell and JetBolt Momentum Grows

Visit the links below to learn more about JetBolt and its explosive presale:

Official Website: https://jetbolt.io/

X/Twitter Page: https://x.com/jetboltofficial

Telegram Channel: https://t.me/jetboltcoin

Remember, the information in this article is not to be considered financial advice. Cryptocurrencies are highly volatile, and their prices can change rapidly. Always conduct your own research before making any decisions related to any and all cryptocurrencies. Consider consulting with an expert to assess your individual circumstances.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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