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    Home»Cryptocurrency»Ripple (XRP) Price Predictions for This Week
    Cryptocurrency

    Ripple (XRP) Price Predictions for This Week

    IDKWYDBy IDKWYDFebruary 13, 2025No Comments2 Mins Read
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    XRP is shifting sideways above $2. The place will it go subsequent?

    Key Assist ranges: $2, $1.6

    Key Resistance ranges: $2.5, $3

    1. Momentum is Stalling

    Since early February, XRP seems to be consolidating above the $2 help stage whereas shifting sideways. Patrons tried just a few instances to convey the worth above $2.5, however they’ve failed to take action. Earlier than bulls hope to revisit $3, they might want to flip $2.5 right into a key help first.

    Chart by Tradingview

    2. Larger Timeframes Present Weak spot

    The momentum indicators such because the MACD and RSI present weak spot on the weekly chart with no indicators that patrons are returning. The bias additionally leans bearish primarily based on this value motion since bulls weren’t in a position to break the present resistance at $2.5.

    XRPUSDT_2025-02-13_18-53-07
    Chart by Tradingview

    3. Lack of Curiosity Results in a Declining Quantity

    Because the November 2024 peak, the XRP quantity has been declining. This shaped a bearish divergence which was confirmed in February 2025. Most just lately, sellers have dominated by way of quantity and patrons seem shy. Till this adjustments, the worth in unlikely to maneuver above $3 once more.

    XRPUSDT_2025-02-13_18-52-34
    Chart by Tradingview
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