Ripple (XRP) Price Predictions for This Week
As the cryptocurrency market continues to experience its usual fluctuations, we’re focusing on Ripple’s (XRP) current trends and price predictions. With XRP finding support at $3 and showing signs of a strong uptrend, it seems likely that this week will bring more positive momentum.
According to analysis, there are two key levels to watch: $3 and $2.7. If the cryptocurrency can continue its bullish run, we might see a revisit of the resistance at $3.6.
Key Support Levels:
* $3
* $2.7
Key Resistance Levels:
* $3.6
* $4
Since buyers returned to support at $3, XRP has entered a sustained uptrend that’s taken the price close to $3.3. This momentum is building up and gives us reason to believe that this week could see another attempt to break past resistance.
If XRP can manage to move above $3.3, we’ll have a clear path to the target at $3.6. The current indicators, such as the MACD and RSI, are also supportive of a sustained uptrend in the future.
Another sign that Ripple (XRP) is ready for further growth comes from the daily MACD chart, where a bullish cross is imminent if confirmed. This will provide an even clearer path higher until sellers return, which could potentially happen around $3.6.
It remains to be seen whether XRP can achieve this target and maintain its momentum in the coming days. However, with these indicators supporting a strong uptrend, we’re optimistic about this possibility.
Source: cryptopotato.com