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Ripple (XRP) Price Predictions for This Week
By Duo Nine
Feb 25, 2025 @ 05:57
The XRP market has been under immense pressure over the past few days. The price of the cryptocurrency has fallen by a significant 8% and is currently trading at around $2.20. If this trend continues, we can expect the price to reach the key support level of $2.
**Bears Return**
In the last 24 hours, XRP’s price has been battered by bears, leading to a drastic drop in value. This has not only turned the market sentiment bearish but also pushed the momentum in favor of the sellers. If this trend continues, we can expect the price to touch the $2 support level.
**Buyers Remain Shy**
Interestingly, buyers have remained inactive over the past two weeks, allowing the sellers to dominate the volume profile, which is currently in the red zone. This has resulted in a downward pressure on the market. However, if the bears are unable to break the key support at $2, we can expect buyers to re-enter the market.
**Major Bearish Cross**
Unfortunately for bulls, the weekly MACD (Moving Average Convergence Divergence) is flashing a major bearish cross, which will be confirmed by the end of this week. This could result in a continuation of the current downtrend and lower price levels. If this occurs, we can expect XRP to visit $1.6.
**Conclusion**
All eyes are currently on the key support at $2. A failure to hold this level could lead to further losses for XRP holders, potentially resulting in a move to $1.6.
Source: https://cryptopotato.com/ripple-xrp-price-predictions-for-this-week-3/
