XRP price prediction

[nihalsari]

XRP (XRP) remains below the moving averages, indicating that the bears are in no mood to let go of their advantage.

XRP/USDT daily chart. Source: Cointelegraph/TradingView

Sellers will attempt to strengthen their position by pushing the XRP price below the $1.27 support level. If they manage to do so, the XRP/USDT pair may plummet to $1.11, where buyers are expected to step in.

The first sign of strength will be a close above the downtrend line. The pair may then ascend to $1.61, a crucial level to watch. If buyers overcome the barrier, the pair may surge toward $2.40.

[lingriiddd]

the 127 support zone is important because losing established horizontal support often accelerates downside through liquidation and panic selling pressure