Source: CryptoNewsNet
Original Title: XRP price prediction: Can Ripple reclaim $2 and bounce back?
Original Link: https://cryptonews.net/news/analytics/32141986/
Current Market Scenario
Trading around $1.93, Ripple (XRP) has dipped slightly — down 3.7% in a day, 7.2% for the week, and almost 14% over the month.
However, the long-term XRP outlook remains encouraging. Ripple’s approval for a national trust bank charter represents a significant regulatory win, and steady ETF inflows demonstrate that institutional interest in XRP remains intact.
Upside Outlook
A push back into the $1.95–$2.00 zone could provide XRP with the foundation needed for a controlled rebound. Holding above this threshold may spark upward momentum and open the door to the $2.20–$2.30 resistance level. Entry into this territory would reflect renewed buying interest and signal the emergence of a short-term bullish trend. Crucially, reclaiming $2.00 on solid volume is essential to confirming the move.
Downside Risks
The market’s cautious sentiment is putting XRP on the defensive. A clean break below $2.00 could dismantle the current base, triggering faster sell-offs. If the daily candle closes under $1.97, $1.80 could come into play. Should the selling pressure intensify, the coin may slide toward $1.20–$1.30, underscoring the fragility of these key support areas.
Price Prediction Based on Current Levels
A decisive break below the $1.95–$2.00 area would likely increase the chances of XRP sliding toward $1.80. Conversely, a clean move back above $2.00 would suggest the start of a mild recovery, with potential upside toward $2.20–$2.30.
Currently, XRP isn’t showing much rebound momentum, suggesting the market remains cautious with pricing. If the support level holds, we could see the coin settling into a sideways consolidation phase before making a meaningful upward move. Overall, this forecast highlights a critical turning point for the market in the near term.
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XRP Price Prediction: Can Ripple Reclaim $2 and Bounce Back?
Source: CryptoNewsNet Original Title: XRP price prediction: Can Ripple reclaim $2 and bounce back? Original Link: https://cryptonews.net/news/analytics/32141986/
Current Market Scenario
Trading around $1.93, Ripple (XRP) has dipped slightly — down 3.7% in a day, 7.2% for the week, and almost 14% over the month.
However, the long-term XRP outlook remains encouraging. Ripple’s approval for a national trust bank charter represents a significant regulatory win, and steady ETF inflows demonstrate that institutional interest in XRP remains intact.
Upside Outlook
A push back into the $1.95–$2.00 zone could provide XRP with the foundation needed for a controlled rebound. Holding above this threshold may spark upward momentum and open the door to the $2.20–$2.30 resistance level. Entry into this territory would reflect renewed buying interest and signal the emergence of a short-term bullish trend. Crucially, reclaiming $2.00 on solid volume is essential to confirming the move.
Downside Risks
The market’s cautious sentiment is putting XRP on the defensive. A clean break below $2.00 could dismantle the current base, triggering faster sell-offs. If the daily candle closes under $1.97, $1.80 could come into play. Should the selling pressure intensify, the coin may slide toward $1.20–$1.30, underscoring the fragility of these key support areas.
Price Prediction Based on Current Levels
A decisive break below the $1.95–$2.00 area would likely increase the chances of XRP sliding toward $1.80. Conversely, a clean move back above $2.00 would suggest the start of a mild recovery, with potential upside toward $2.20–$2.30.
Currently, XRP isn’t showing much rebound momentum, suggesting the market remains cautious with pricing. If the support level holds, we could see the coin settling into a sideways consolidation phase before making a meaningful upward move. Overall, this forecast highlights a critical turning point for the market in the near term.