Overview

Click to expand overview
The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return. 2. The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return. Chart by Leading on-chain metrics and price prediction firm Changelly forecasts that XRP could spike nearly 20% during this weekend. According to the price prediction, Ripple’s Per CoinCodex, Ripple may stabilize to sit at $2.22 by the end of this weekend. By the end of January 2025, Ripple may ultimately score a new price spot of $2.30. The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if XRP may target the $1.99 zone this weekend as thin liquidity and aggressive positioning set up a potential stop-hunt scenario. Source: JasonTrading589 on TradingView

Ripple XRP Price Prediction This Weekend: Will XRP Surge or Dip?

Are you tracking the Ripple (XRP) price and wondering what this weekend holds? With XRP exhibiting significant volatility, everyone's asking: where is XRP headed?

Recent data paints a complex picture. The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return.

XRP Price Predictions: Bullish Momentum vs. Potential Pullback

Optimistic forecasts are emerging. Leading on-chain metrics and price prediction firm Changelly forecasts that XRP could spike nearly 20% during this weekend. This surge could be fueled by increasing market confidence and positive news surrounding Ripple. The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return.

However, not all predictions are bullish. According to Per CoinCodex, Ripple may stabilize to sit at $2.22 by the end of this weekend. This suggests a more moderate outlook, accounting for potential market corrections and profit-taking.

Longer-Term XRP Forecast: 2025 Projections

Looking further ahead, projections for XRP in 2025 are also varied. By the end of January 2025, Ripple may ultimately score a new price spot of $2.30, according to some analysts. This long-term perspective suggests continued growth potential for XRP.

Potential for a Stop-Hunt Scenario?

Traders should be aware of potential downside risks. XRP may target the $1.99 zone this weekend as thin liquidity and aggressive positioning set up a potential stop-hunt scenario. Source: JasonTrading589 on TradingView. This highlights the importance of careful risk management and due diligence when trading XRP.

Key Takeaways for This Weekend:

  • Potential Upside: XRP could challenge $2.8 if momentum continues. The price is up by over 10% in the past 24h and could aim to challenge the key resistance at $2.8 next if this momentum is maintained. XRP has good support at $2 if sellers return.
  • Support Level: Strong support exists at $2.
  • Stabilization: A potential stabilization point around $2.22 is also predicted.
  • Caution: Be mindful of potential stop-hunt scenarios targeting $1.99.

Disclaimer: Cryptocurrency investments are highly speculative and carry significant risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Price predictions are not guarantees of future performance.

Top Sources

Related Articles