These Figures Show Ripple Price Could Reclaim ATH

XRP (Ripple) price is in a correction period after peaking at $1.63, although it has increased by 181.38% in the past 30 days and reached $1, a sharp increase of 75% this week. Currently, XRP's RSI is at 53.2, indicating that the market is in a neutral state, while the CMF has dropped to -0.05, indicating increased selling pressure.

If the uptrend continues, XRP could retest $1.63 and move up to $1.70, the highest since 2018. Conversely, increased selling pressure could push the price down to important support levels at $1.27 or even $1.05.

The XRP price outlook for 2024 is promising, with market confidence recovering following a favorable regulatory decision from the SEC. However, uncertainty remains, and price volatility remains high. Investors should closely monitor resistance and support levels to make appropriate investment decisions.