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XRP Price Prediction for February 10
According to CoinMarketCap, the new week has started on a bullish note for most coins. However, when it comes to XRP, things look a bit more nuanced. As of press time, the price of XRP is trading at $2.43.
In the short-term perspective, the hourly chart suggests that the cryptocurrency is approaching local resistance around $2.4733. If the daily bar closes above this mark, there may be enough energy to propel the price towards $2.50.
On a longer time frame, it’s too early to make any long-term predictions as the week has just begun. Nevertheless, it’s worth noting that XRP is still far from key levels, which reduces the likelihood of seeing sharp moves in the near future.
At this point, it appears more likely that we’ll see ongoing sideways trading within a narrow range of $2.40-$2.60.
Source: u.today
