Michael Novogratz, founder of Galaxy Digital, recently applauded the Cardano and Ripple communities for staying strong through tough market conditions and legal challenges.
His comments come just as many investors are beginning to turn away from top altcoins, yet some are showing unexpected resilience.
In a recent podcast, Novogratz highlighted how tokens with deeply committed communities tend to survive even the worst market phases.
This could be a key factor to watch for the next XRP price prediction.
Although Novogratz once dismissed the XRP community as mostly retail traders unaware of the token’s flawed economics, his view has shifted.
He now credits the so-called “XRP Army” with playing a key role in keeping the token afloat through years of volatility, showing just how powerful a loyal holder base can be.
XRP Price Prediction: XRP Needs to Bounce From $1.80 to Target $3
XRP has shed 10% of its value this year, which makes it the 4th worst-performing token in the top 5.
However, in the past 7 days, the token has recovered slightly, posting gains of 0.5% during this period. Meanwhile, trading volumes have increased by 30% in the past 24 hours, and currently account for less than 2% of the asset’s circulating market cap.
Source: TradingViewOnce again, XRP has found strong support at $1.80. This price zone has acted as a strong bouncing pad four times already in the past.
Meanwhile, a descending triangle has formed as a result of the latest price action. This is a price compression pattern that tends to precede a big breakout.
If the price rises above $2.20, this would invalidate the token’s bearish price structure, and a bullish breakout of the triangle pattern would be confirmed.
XRP might be eyeing $3 in the near term, especially with big names like Michael Novogratz giving credibility to its long-term vision. But if you’re looking for the next breakout opportunity, a new project is quietly turning heads.
Bitcoin Hyper ($HYPER) is building something game-changing by bringing Solana-level speed and fees to Bitcoin’s blockchain.
The ongoing presale has raised close to $30 million as investors rally behind its mission.
Can Bitcoin’s Biggest Bottleneck Finally Be Solved? This New Project Thinks So
The Bitcoin OG blockchain has struggled with scalability issues since its launch, and this has prevented its ecosystem from further growing and reaching its full potential.
Bitcoin Hyper ($HYPER) changes this by introducing a Solana-powered layer-2 chain that will process transactions fast and at a low cost to allow the community to launch new DeFi apps, payment platforms, meme coins, and more.
The Hyper Bridge lets Bitcoin holders move their BTC into the Bitcoin Hyper network quickly and safely.
By sending BTC to a secure wallet, users receive the same amount on Hyper’s Layer 2, where they can use it in fast, low-cost apps, including trading, payments, and even meme coin creation.
As major wallets and exchanges begin to support the system, demand for $HYPER could surge, positioning it as one of the most exciting tokens in the market right now.
To buy $HYPER at its discounted presale price, simply head to the official Bitcoin Hyper website and link up a compatible wallet (e.g. Best Wallet).
You can swap existing crypto or use a bank card to complete the transaction in seconds.
Visit the Official Bitcoin Hyper Website HereThe post XRP Price Prediction: Billionaire Who Once Mocked XRP Now Praises It – Big Announcement Coming? appeared first on Cryptonews.
