The price of XRP was calm today, as it is now trading about $ 2.43 after increasing by 0.75 % in the past 24 hours. In fact, the price appears to be stuck in a narrow range ranging between $ 2.30 and $ 2.50 for a few days now.
Looking at the plans and market data, XRP is likely to remain between $ 2.34 and $ 2.55 tomorrow. Most merchants look at $ 2.50 as a realistic goal. We can see prices reach $ 2.62 if buyers enter, but the market seems to be more interested in moving sideways at the present time.
Currently, XRP sits at $ 2.43, slightly increasing at 0.75 % since yesterday. The Relative Power Index reads 49, and tells us that the market does not really prefer buyers or sellers. MACD is a little positive, hints to some bullish momentum, but nothing is very exciting.
Bitcoin is fine, an increase of 1 % and turns around $ 97,000. This is important because XRP usually follows Bitcoin. With Bitcoin installed, XRP should be able to maintain their current prices.
Where the price of XRP may go after that
Traders must see $ 2.30 and $ 2.10 as main support levels if prices drop. On the upper side, $ 2.50 and $ 2.62 are the levels that must be overcome. It may exceed $ 2.50 to pay us to $ 2.62, but a decrease in less than $ 2.30 may return prices to testing $ 2.10.
The market was very boring recently, especially after last week’s collapse. XRP wore well from $ 2.10, but it does not show much energy to move higher.
The SEC case still plays a major role in the XRP price. SEC recently removed the Ripple case from its website, which made people talk about possible attractiveness. Good news about the issue may increase prices, but many merchants play them safely until things become more clear.
On February 11, the XRP price is possible between $ 2.40 and $ 2.50. It may climb about $ 2.55 if things look good. Breaking $ 2.50 to send it to $ 2.62, but the decrease to less than $ 2.30 may mean a decrease to $ 2.10. Watch SEC mode – any positive updates can shake things.
Also read: Can XRP Ath be broken soon? This is what the plan says
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
