$XRP What’s next for XRP? Short-term targets point to $0.65 or $17
XRP is at an important moment. Some experts believe it could grow rapidly. Others warn it could fall. A new pattern on the chart shows that both options are possible. The price could spike up to $17.50 or drop again to $0.65, depending on what happens in the coming weeks.
XRP must overcome key levels before any major movement
Currently, XRP shows signs of an Expanding Ascending Wedge pattern. This setup usually leads to large price swings. But it does not indicate where to. It only shows that something big could happen.
Experts say there is a 70% chance that XRP will drop. Only a 30% chance indicates it could break upward. The first step to change this is for the price to close above $3.50. Then it must stay above $5, and even better: above $6. If that happens, XRP could rise to $7.50, then $13, and finally $17.50.
But if it fails to break the $5 level, things could go wrong. The price could drop back to $1.90. And if that support also breaks, XRP could plummet to $0.65.
So far, XRP is priced around $2.18, losing about 1.89% in the last 24 hours. The daily volume is around $4.77 billion, and the market capitalization is close to $127.5 billion. The price has been trying to find support, but is still under pressure.$XRP