#OnChainLendingSurge XRP Price Prediction For January 9

XRP Price Prediction: Break above $2.46 could signal new highs, with resistance levels at $3.30, $4.20, and $5.00 in focus.

Ripple’s XRP consolidates near $2.40; key support at $2.29-$2.40 and resistance zones hint at potential bullish breakout.

Ripple’s XRP is currently trying to rise above the crucial $2.40 level. The price recently dipped more than 5-6 percent, erasing the gains made in the last week. XRP could still experience some upward movement, though key levels are crucial for understanding whether the market sentiment is shifting.

Key Levels to Watch

XRP is currently in a consolidation phase, which could exist for a while. However, on a smaller time frame, this phase may be nearing its end. A final upward move could complete a larger 5th wave, potentially driving XRP to new all-time highs. The most recent Wave 4 bottomed in July 2023, with the market possibly entering the 5th wave upward.