Sunday, February 23, 2025
HomeCryptoXRP price prediction for February 23

XRP price prediction for February 23

The latest analysis of the XRP price table suggests that cryptocurrency has probably reached its substance, with predictions of a potential increase. Looking at XRP’s daily table, the price exchanged laterally, bouncing between a major level of support and resistance. The price is currently faced with resistance between $ 2.65 and $ 2.80. Lowering, there is a large support around $ 2.50, and below this, a higher support area between $ 2.25 and $ 2.30.

Resistance levels

According to analyst Josh of Crypto World, the main resistance zone of XRP is between $ 2.65 and $ 2.80. The price has not yet broken above this fork, and until it does it, the upward movement remains limited. If XRP can close above the $ 2.80 mark with confirmed candles, we could see a continuous upward movement around $ 3. Once reached $ 3, however, the price could meet the resistance again around this level.

Support levels

Right down, XRP has a decent support at around $ 2.50. If the price falls below this level, there is a stronger support in the range of $ 2.25 to $ 2.30. If the price does not hold these levels, it could point out an additional drop potential.

Long -term predictions

On the greatest deadline, XRP began a rally in July and followed a potential ascending structure. The key support area is between $ 1.20 and $ 1.27, and as long as the price remains above this beach, the upward prospects remain intact. This variant varies between $ 1.20 and $ 4.20 was a common model for XRP, and it could continue for a while. The current price movement suggests that the increase can still be incomplete, and a break higher than the previous summits of $ 2.65 to $ 2.80 could point out a continuation to the target range from $ 5 to $ 6 for the following cycle.

Source

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular