Web Analytics
Crypto Potato
2025-02-16 16:18:46

Is XRP About to Explode to $4 Soon? Ripple Price Analysis

Ripple’s price has been on a massive uptrend over recent weeks, even with the flash crash it experienced a couple of weeks ago. Yet, for a further bullish continuation to materialize, a specific resistance range needs to be overcome. By Edris Derakhshi (TradingRage) The USDT Paired Chart Against USDT, the cryptocurrency has recently gone through a quick drop toward the $2 support level but has been able to rebound quickly. Currently, the price is bound to test the $3 resistance zone, and in case of a breakout, a rally toward $4 could be expected in the coming weeks. On the other hand, a rejection could see the market fall back to the $2 area and even lower. Source: TradingView The BTC Paired Chart The XRP/BTC pair’s daily chart shows a more optimistic picture, as the market is about to break the key resistance level of 2,800 SAT to the upside. The RSI is also showing values above 50%, indicating that the momentum is in favor of a bullish move. A breakout above the 2800 SAT zone would likely lead to a price surge toward the 4,000 SAT area, which could be seen as a massive move for XRP. Source: TradingView The post Is XRP About to Explode to $4 Soon? Ripple Price Analysis appeared first on CryptoPotato .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.