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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

XRP’s Road to $5 Starts With a Dive to $2: $SNORT Presale Ends in 4 Days

Aaron Walker
Aaron Walker
8 hours ago
4 mins read

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Created by industry experts and meticulously reviewed
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What to Know:

  • $XRP is down 20% in the past month, but analysis reveals a path forward to $5.
  • Ripple’s expansion in South Africa could bolster institutional adoption of $XRP.
  • With 4 days left in the presale, $SNORT could follow $ XRP’s upward trend.

Ripple’s $XRP hasn’t had a great month, dropping 20%. The downturn comes as the rest of the crypto market fares little better; Bitcoin currently trades near $110,000, down 10% for the week.

But there’s every chance $XRP could drop further still, with one analyst seeing a plunge down to $2 even as major whales sell $XRP.

XRP could fall to $2 before rebounding.

So why be optimistic about $XRP’s chances?

That’s because, despite the poor recent performance, technical indicators point to a favorable long position for savvy investors.

XRP bearish outlook could give way to long location.

The path upward won’t be easy. However, recent presale success stories – such as Snorter Token ($SNORT) – indicate underlying strength in the broader cryptocurrency economy.

That strength could send $XRP sharply upwards in the near future.

Recent Market Conditions and Price Action

After a sharp correction, $XRP has managed to tread water, down only slightly in the past 24 hours. The token is testing resistance zones, though it has a ways to go before breaking through the $3 threshold.

This behavior occurs against the backdrop of a broader weakness in the cryptocurrency market, where volatility and macroeconomic headwinds have dampened investor appetite.

But that appetite hasn’t completely vanished: leading analysts remain strongly bullish on $XRP’s prospects long-term.

Egrag Crypto on 57% odds of XRP major high.

Recent moves by Ripple itself bolster that outlook.

Ripple’s Custody Expansion in Africa

Ripple’s newly announced partnership with Absa, one of South Africa’s leading financial institutions, underscores the growing global adoption of cryptocurrencies. Under this collaboration, Ripple will broaden its institutional-grade custody services in Africa.

The move could help bridge the gap between large capital holders and the $XRP ecosystem, another major win for the token’s long-term viability.

In the meantime, the technical outlook for $XRP includes key price points:

  • Resistance: $2.75
  • Upper support: $3.15 and $3.75
  • Downturn: Below $1.00
  • Upside: $5.20

Only time will tell with Ripple – but there’s another token that’s nearly ready to launch, which could increase in value by 100x overnight.

Snorter Token ($SNORT) – Presale Ends in 4 Days for Meme Coin Trading Mastery

With tens of thousands of meme coins launched every day on Solana alone, sorting the winners from the losers can feel like a game of random chance.

Snorter Token ($SNORT) takes the guesswork out of it, giving investors a chance to sniff out tomorrow’s winners today – long before they launch and reach mainstream exchanges.

That’s because Snorter Bot operates on Solana and Telegram, where low-cap meme coins launch underground and opportunities for major gains are easily overlooked.

Snorter Token benefits

Snorter provides:

  • Fast swaps
  • Automated sniping
  • Honeypot and rugpull protection
  • Limit orders
  • Copy trading

In short, Snorter provides everything an investor needs to sort through the junk and find the low-cap gems with the best chance to go 10x, 100x, or even 1000x.

There’s not much time left on the Snorter presale. $SNORT will only be around at its final presale price of $0.1081 for the next 4 days.

That price could rise to $1.02 by the end of the year and even reach $1.50 by the end of the decade, providing gains of 843% and 1287% to investors who get in before it’s all over.

Don’t delay – learn how to buy $SNORT and see what the $4.8M presale is all about.

Visit the presale website for Snorter today.

The idea of XRP reaching $5 is compelling – and not without merit, given Ripple’s custody expansion and the optimistic technical analysis.

Both $XRP and $SNORT could defy the doubters and surge to new heights in the back half of the year.

As always, do your own research – this isn’t financial advice.

Authored by Aaron Walker for NewsBTC – https://www.newsbtc.com/news/xrp-predicted-to-hit-5-as-snorter-token-presale-ends-in-4-days

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Aaron Walker
Aaron Walker

Aaron Walker

Aaron writes for NewsBTC as a Crypto Journalist, covering breaking news and developments across the crypto world.

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Aaron’s been writing and editing since 2016, and has seen firsthand how writing for online publications has evolved over that time with the influence of everything from a globalized workforce to LLMs. He’s also witnessed the rise of crypto from a fringe interest to a multi-trillion-dollar force that’s reshaping the world economy.

His background in academia with multiple post-grad degrees and a zest for good writing, wherever it may be found, powers Aaron’s own approach to covering crypto.

What sets good writing apart? Storytelling – finding connects the news to the people reading it and drawing out those connections. That’s what Aaron looks for in his own coverage.

In his off-hours, Aaron works for a local charity and enjoys working out and training with the local boxing club. He even reads physical books, occasionally.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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