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  1. Home
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  3. XRP price prediction

XRP price prediction

Scheduled Pinned Locked Moved Trading
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  • bonkB Offline
    bonkB Offline
    bonk
    wrote last edited by
    #1

    XRP $1.49 has risen above the 50-day simple moving average ($1.46), indicating sustained buying by the bulls.

    d1804cdb-3d78-4fc3-97f7-d7b285076b90-image.png
    XRP/USDT daily chart. Source: Cointelegraph/TradingView
    If the XRP price closes above the 50-day SMA, the next stop is likely to be the breakdown level of $1.61. If the price turns down from $1.61 but finds support at the 20-day EMA ($1.41), it suggests a bullish sentiment. The XRP/USDT pair may then climb to the downtrend line.

    On the contrary, if the price turns down from the overhead resistance and breaks below the 20-day EMA, it signals that the bears are selling on minor rallies. That may retain the price inside the descending channel pattern.

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    • lingriidddL Offline
      lingriidddL Offline
      lingriiddd
      wrote last edited by
      #2

      XRP staying in that channel wouldn’t surprise me at all honestly

      1 Reply Last reply
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