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XRP Price Prediction For March 22
Ripple’s XRP is currently trading at $2.39, down more than 1% from the previous market activity. The price action has been characterized by a larger bearish divergence on the 3-day chart, indicating that any short-term bullish movement may be limited in scope and magnitude.
Despite recent brief periods of upward momentum, the overall momentum remains firmly on the downside. Market analysts have consistently warned that significant bullish movements are unlikely in the near future.
However, it’s important to note that XRP has recently experienced some positive price action, with some key levels flipped from resistance into support. According to Crypto World analyst Josh, these moves have provided a glimmer of hope for short-term traders looking for opportunities to buy or sell the cryptocurrency.
Despite this brief respite, it is crucial to acknowledge that the overarching bearish divergence remains in place, suggesting that larger price increases may still be unlikely for the near future.
Source: https://coinpedia.org/news/xrp-price-prediction-for-march-22/
