$XRP The current market trend of XRP shows mixed positive and negative signals. Here’s the breakdown ¹ ²:
- *Current price*: $2.40
- *Market capitalization*: $136.78 billion
- *Percentage change*: increase of 1.06%
*Short-term trend:*
The 4-hour chart indicates a bearish trend with a weakening short-term trend, while the daily chart shows a bearish trend with a declining 50-day moving average. However, the weekly chart looks bullish with a rising 50-day moving average ².
*Price forecasts:*
Some analysts predict a potential decrease in the price of XRP, with a forecasted drop to $1.78 at least by May 2025. Others forecast an increase, with potential prices ranging from $2.15 to $2.36 in the coming months ².
*Key statistics:*
- *52-week low*: $11.99 ((link unavailable))
- *52-week high*: $94.40 ((link unavailable)) and $97.50 (TOSRF)
- *Average trading price*: projected around $2.07 in May 2025 and $4.15 in 2026
Keep an eye on market sentiments, technical indicators, and expert forecasts to stay updated on XRP market trends ²