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MainNewsRipple (XRP)...

Ripple (XRP) Price Prediction for This Weekend


by Duo Nine
for CryptoPotato

After a prolonged correction, XRP appears ready for its next leg up.

Key Support levels: $2, $1.6

Key Resistance levels: $2.8

1. Rally About to Resume?

Since early December 2024, XRP entered into a steady correction after the price did a 5x in November. However, at the time of this post, this cryptocurrency appears keen to resume its uptrend.

The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return.

XRPUSDT_2025-01-02_14-50-21
Chart by Tradingview

2. Momentum Shifting Bullish

Buyers are returning and the momentum indicators are starting to give early signals that the trend is changing back to bullish. The daily MACD did not make a bullish cross yet, but it is quickly approaching one. Volume also remains low at this time, but that can change at any moment.

XRPUSDT_2025-01-02_14-51-55
Chart by Tradingview

3. Daily RSI Bullish Cross

The first signal that momentum is turning bullish can be seen on the daily RSI which made a bullish cross. If this is followed by a MACD bullish cross, buyers could intensify their presence on the orderbook as XRP moves higher.

Chart by Tradingview

The post Ripple (XRP) Price Prediction for This Weekend appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

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US SEC Commences First Formal Review of Spot XRP ETF

US SEC Commences First Formal Review of Spot XRP ETF

The approval of a spot XRP ETF would be a huge win for the asset's community, conside...
MainNewsRipple (XRP)...

Ripple (XRP) Price Prediction for This Weekend


by Duo Nine
for CryptoPotato

After a prolonged correction, XRP appears ready for its next leg up.

Key Support levels: $2, $1.6

Key Resistance levels: $2.8

1. Rally About to Resume?

Since early December 2024, XRP entered into a steady correction after the price did a 5x in November. However, at the time of this post, this cryptocurrency appears keen to resume its uptrend.

The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return.

XRPUSDT_2025-01-02_14-50-21
Chart by Tradingview

2. Momentum Shifting Bullish

Buyers are returning and the momentum indicators are starting to give early signals that the trend is changing back to bullish. The daily MACD did not make a bullish cross yet, but it is quickly approaching one. Volume also remains low at this time, but that can change at any moment.

XRPUSDT_2025-01-02_14-51-55
Chart by Tradingview

3. Daily RSI Bullish Cross

The first signal that momentum is turning bullish can be seen on the daily RSI which made a bullish cross. If this is followed by a MACD bullish cross, buyers could intensify their presence on the orderbook as XRP moves higher.

Chart by Tradingview

The post Ripple (XRP) Price Prediction for This Weekend appeared first on CryptoPotato.

Read the article at CryptoPotato

Read More

Ripple (XRP) or Solana (SOL)? Veteran Trader Wonders Which Offers Greater Investment Potential

Ripple (XRP) or Solana (SOL)? Veteran Trader Wonders Which Offers Greater Investment Potential

Some people couldn’t choose just one and advised Brandt to invest in both assets.
US SEC Commences First Formal Review of Spot XRP ETF

US SEC Commences First Formal Review of Spot XRP ETF

The approval of a spot XRP ETF would be a huge win for the asset's community, conside...