Currencies38131
Market Cap$ 2.28T+1.36%
24h Spot Volume$ 32.70B+0.33%
DominanceBTC56.39%+0.25%ETH9.49%+1.52%
ETH Gas0.28 Gwei
Cryptorank
/

Ripple Price Analysis: Is $3 or $1.4 Next for XRP?


Ripple Price Analysis: Is $3 or $1.4 Next for XRP?

Share:

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

XRP has been consolidating against both BTC and USDT after a period of strong volatility, finding support above key moving averages while remaining below major resistance levels.

By Edris Derakhshi

The USDT Paired Chart

On the XRP/USDT daily chart, the price is sitting just above the 200-day moving average and a critical horizontal support around the $2.00 zone. This level has acted as a battleground in recent weeks, as the asset has tested it multiple times.

The RSI is also hovering near the 50% level, reflecting the current equilibrium between buyers and sellers. A decisive close above the $2.5 area could open the door to a retest of the $3 level, while a breakdown below $2.00 would likely drag price back toward the $1.40 support level.

The BTC Paired Chart

Looking at the XRP/BTC pair, the structure reflects a broader sideways market, with multiple failed attempts to push above the 2,800 SAT zone. The price has made a series of lower highs recently, signaling some relative weakness against Bitcoin.

However, the 200-day moving average is creeping up toward the 2,200 SAT support area, offering a key level to monitor for trend confirmation. A clean breakout above the 2,800 SAT zone would mark the start of bullish momentum, while losing the 2,200 SAT level could lead to a deeper retracement toward the 1,800 SAT region or even lower.

 

The post Ripple Price Analysis: Is $3 or $1.4 Next for XRP? appeared first on CryptoPotato.

Read the article at CryptoPotato

In This News

Coins

$ 64.19K

+1.52%

$ 1.11

+1.02%

$ 0.99928

+0.01%

$ 0.00...361

$ 0.000207


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 64.19K

+1.52%

$ 1.11

+1.02%

$ 0.99928

+0.01%

$ 0.00...361

$ 0.000207


Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Analyst Predicts XRP Could Surge To $17, Challenge Ethereum in Next Bull Run

Analyst Predicts XRP Could Surge To $17, Challenge Ethereum in Next Bull Run

XRP continued to trade within a relatively narrow range on Monday following a turbule...
XRP Bulls Make Risky Bet as Spot Demand Rises

XRP Bulls Make Risky Bet as Spot Demand Rises

Altcoins are gaining traction with traders already pitching high third-quarter projec...