Price Analysis: Ripple (XRP) Price Prediction: Will XRP Price Retest $0.72 or Drop to $0.48?

The cryptocurrency market continues to show significant price fluctuations with top altcoins recording continuous fluctuations, indicating increased buying and selling pressure in the cryptocurrency space.

However, despite the bullish cloud hanging over the cryptocurrency space following the approval of the spot ETF, the price of Ripple Lab's XRP coin continues to show a neutral trend, highlighting the lack of interest among investors in this coin.

With this, investors are concerned about their investments in this cryptocurrency, and questions like “Will the price of XRP ever rise?” and “Will XRP reach $1?” The search volume is increasing daily.

Ripple price continues to display weak price movement by registering a correction of approximately 1% over the past day and 2.46% over the past seven days. Moreover, XRP crypto YTD returns are -14.76%, indicating a long-term bearish sentiment in the cryptocurrency space.

Furthermore, Ripple price repeatedly failed to cross its resistance zone, resulting in the altcoin trading in a consolidated range between $0.480 and $0.55 from last month.

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