Ripple's native token XRP is showing positive technical signals despite recent fluctuations in the overall crypto market. 📈 Cryptocurrency, which is in a strong position compared to Bitcoin, foresees a potential increase in short-term price predictions. Ripple (XRP) price increased by 4.3% in the last 24 hours.

XRP's technical indicators paint a complex picture. It seems that the 5 and 20-day moving averages give a bull market signal. However, bear market signals are evident between the 20 and 50-day moving averages and the 50 and 200-day moving averages.

According to Changelly's analysis, the price of XRP is expected to increase by 26.73% and reach $0.532887. Longer-term forecasts predict XRP to reach $0.610894 and average $0.637 through 2024. However, he warns that cryptocurrency price predictions, especially over a 10-year period, are highly speculative.

Ripple is currently trading at $0.43 and has a 24-hour trading volume of $916.8 million.