XRP Price Prediction
Ripple's XRP is currently trading at $1.43, reflecting a modest increase of over 3% in the past 24 hours. The asset experienced a high of $1.45 and a low of $1.28, showing resilience amid market volatility.
Support and Resistance Levels
The critical support range to monitor is between $1.28 and $1.19. If XRP remains above this zone, the bullish outlook could remain intact. A dip below $1.19 might trigger a broader correction, shifting focus to the next wave structure.
On the upside, XRP faces significant resistance near $1.45. A sustained break above this level could open the door for a move toward $1.64, the yearly high, or even higher.
Technical Outlook
Analysts are tracking two primary wave counts: a bullish continuation pattern and a potential correction. As long as XRP holds above the $1.19 support, the bullish scenario remains plausible. However, a break below this level could invalidate the positive momentum, with further downside targets around $1.10.
Traders should stay cautious and wait for confirmation of a breakout or breakdown before making significant moves, as the current market structure suggests potential consolidation before a decisive move.
Stay updated as XRP navigates this pivotal phase!