Xrp is back again trading above the $2 mark and with the altcoin season approaching, the crypto can go all the way to larger profits.
In this article, we will look at Xrp next target by looking at price chart and technicals.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
XRP Price Target
- Price: $2.4844
- 24-Hour Price Change: -$0.0461 (-1.82%)
- Intraday High: $2.26
- Intraday Low: $2.14
Price is in an Uptrend. We would be buyers on pullbacks to $2.00 support, which has held up several times, could be a swing trade entry in Uptrend. Stop Loss at $1.80.
XRP had been under regulatory pressure from the SEC, which is likely to dissipate under the new White House administration.
Technical Indicators
- Relative Strength Index (RSI) (14): 44.377
- Average True Range (ATR) (14): 0.0606 (High Volatility)
- Trend: Short-term trend is Strong Down, Medium-term trend is Down, Long-term trend is Up.
- Momentum is Bearish but inflecting.
- Support and Resistance: Nearest Support Zone is $2.00, then $1.63. Nearest Resistance Zone is $2.50, then $3.00.
Recent News
- Price Rebound: XRP has experienced a price rebound, trading at $2.14 after falling below $2.
- Market Cap Milestone: XRP’s market capitalization reached $140 billion, surpassing Solana and USDT.
- Inclusion in Proposed U.S. Crypto Reserve: President Donald Trump has proposed including altcoins such as XRP, Solana, and Cardano in a U.S. crypto reserve.
For on-demand analysis of any cryptocurrency, join our Telegram channel.
