In our last XRP price prediction, we wrote that the price could break out soon and how XRP entered a buy zone. We could see this by the fact that other cryptocurrencies have already broken out of patterns, and only Ripple was lagging. Furthermore, we already had a bullish divergence, which also caused the price to break out to the upside. Now it has happened and the course was already able to record a plus of 16% this Monday. But how could things continue in the medium-term? Where are the targets? Let’s talk about Ripple and XRP!
Ripple Price BOOM – How far will XRP go upwards?
About a week ago, Ripple price was assumed to only rise to about $0.71. That was a first target profit-taking area. However, today the price broke this resistance and went straight up to the next one. This is +/- $0.78. Since we have already tested the resistance, we might correct it back lower for a short time. Thus, the XRP price could catch some air to rise even further. We see it as likely that the price will break the $0.78 resistance and rally to $0.86.
>> CLICK HERE TO BUY RIPPLE <<
Can XRP Price reach 1$ soon?
If we look at the Ripple price indicators, we can see that the price is not yet in the overbought zone. As a result, we expect the price to rally somewhat before a major rebound follows. There could of course be small corrections, but they will probably not be visible in the daily chart. Once the price reaches $0.86, we might look for further price increases specifically towards the 1$ psychological level.
If you feel like you need guidance when tackling the crypto market, you need to check out our premium area. You’ll always be up-to-date with everything happening in the crypto market. Additionally, you will receive trading ideas and professional trading support. You will also receive information about the latest crypto trends at an early stage! If you want to read more about our Premium Area, click here.
Don’t forget to follow us on Google News to keep yourself updated with the latest Price Predictions 😉
Recommended posts
-
Shiba Inu Price Prediction: How High can SHIB Price reach by 2030? -
XRP Price confirmed at $1! Here’s when to Buy Ripple -
Cardano Price BOOM! Don’t miss ADA reaching $2 soon, here’s why
-
Conservative Cardano Prediction for 2023 – How high can Cardano go? -
Ethereum Price Prediction – Price Target $3,000 Reached! Will $ETH Adjust lower now? -
$BTC Price reaches Strong Resistance – Will a Bitcoin 40K Price Happen? -
Ripple Price Prediction: XRP Seems Poised for a 27% Move Soon
- Ripple Price Prediction – How High will XRP reach in 2050?
- VeChain Price Prediction – How High will $VET go? Hot Buy?
-
ATOM Price Prediction – Is the Cosmos Price Correction Over? -
Crypto Millionaire: Buy THESE Cryptos before they BOOM in 2023?
-
Ethereum Price Prediction – Here’s why you Should Buy $ETH NOW! -
Bitcoin Price $BTC above 38K! Bear Market Over? Look at US Equities! -
Helium Price $HNT is about to CRASH? Maybe, Here’s what to do
-
XRP Price increase 100%? This Chart confirms a MASSIVE Breakout soon -
Shiba Inu to Reach 1$ soon? This New Upcoming Development Proves it Right
-
Binance Coin Price Prediction – $BNB reached Critical Area, What’s Next? -
IOTA Price Prediction – BIG Moment Ahead: $3 or $0.5? - XRP Price is about to BOOM if the crypto market recovers! Buy $XRP?
You might also like
More from Altcoin
Cardano or Polygon: Which Blockchain is BETTER?
When it comes to cryptos, which blockchain is better, Cardano or Polygon? In this article, we will provide an introduction …
Top 3 Altcoins to BUY in February 2023 – Best Crypto Investment!
The crypto market is moving higher! Based on current market trends and expert analysis, here are the top 3 altcoins …
Big News: Dogecoin To Hit $3 In February If This Happens!
What is the Dogecoin price prediction for February 2023? Dogecoin to hit $3 if this happens. Let's take a look …
