Let's talk about the price speculation of XRP on January 2, 2025! Recently, there was an article on Coinpedia Financial News that became quite popular, predicting the price of XRP on that day.
To be honest, XRP has been rising quite joyfully lately. Although everyone thinks this is just a small rebound, the upward momentum is indeed impressive. Now, XRP has surged into the range of $2.42 to $2.45, which is based on the magical Fibonacci sequence resistance zone. Isn't that amazing? However, despite such a rise, XRP shows no signs of stopping and is likely to continue its fluctuations.
So what to do next? How much more can it rise?
We need to carefully consider the future trend of XRP. I think there are two possibilities:
One is to continue following the Fibonacci sequence; once we reach the previous target, we will look at the next one, which is the $2.60 position. If we break through that, it will be a new challenge.
The other approach is to compare the previous fluctuations. The earlier rise was quite good, but the real test lies between $2.54 and $2.62. If XRP can break through this range, the current triangular trend may change, and it might directly surge to a new historical high.
Surging to a new high? It's really possible!
If XRP breaks through $2.62, then the triangular trend may no longer be effective. This change may not necessarily be a bad thing; it could be a precursor to a new high. Moving forward, we need to keep a close eye to see if any new lows appear or if there are signs of a direct surge. This is big news for XRP, and traders should be alert; don't miss out on the opportunities, especially when prices are skyrocketing.
As I write this article, XRP has risen by 13% and is currently selling at $2.40. Let's wait and see how XRP will move next!
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