Ripple $2.4‘s XRP once again makes remarkable price movements in the crypto currency market. Popular Altcoin, in the last 24 hours with a rise of 20 percent to $ 2.50. Bitcoin 
$95,293.4With the exceeding $ 100,000, the mobility throughout the market increased, while the XRP was likely to re -test the $ 3 level. However, a 18 percent decrease on a weekly basis shows that investors should be careful.
XRP Price Analysis, Comment
XRPIn recent weeks, the volatil has followed a course. Although a short -term breakage below 2.64 dollars, the price made a quick recovery by finding support in the $ 2,22 – $ 2.72 band. Bitcoin’s exceeding $ 100 thousand altcoinIt had a positive effect on the s. XRP’s most important resistance point is $ 2.96.
Analysts, XRP CoinHe emphasizes that the 4 -day graph is recovered by finding support in the range of $ 2,13 – $ 2,22. This level is critical for short -term trends. Market observers say that if the rise continues, targets such as $ 4,19 and $ 6,62 may come up.
Although the technical indicators give a rise signal, it indicates that it should be careful. 18 percent decrease in the weekly graph shows that sellers can still be effective. On the other hand, as long as the level of $ 1.90 (Fibonacci 78.6 percent) is protected, the rise scenarios will continue to be valid.
Future forecasts and important levels for XRP Coin
Market participants think that XRP may face two scenarios in the coming days. The first scenario is directly rising over $ 3. In the second scenario, the fourth wave extension may be experienced according to “wave analysis .. In this case, the rise trend may continue if the decreases remain limited.
Elliott Wave theory predicts that if the correction movements are constructive, the price can test the $ 4,19 – $ 6,62 band. However BitcoinPossible hard movements in ‘will also affect XRP. For this reason, investors are advised to follow $ 2,22 – $ 2.72 in XRP Coin and to follow Bitcoin as well as $ 2.96 resistance.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
