XRP Price Forecast
The current price of one coin $XRP is $2.81. It has increased by 13% in the last 24 hours. In 48.80% of cases, the price of XRP closed above the opening price.
Based on 17 technical indicators, 12 buy signals, and 5 sell signals, the technical analysis of prices predicts a bullish trend in the short term. The first significant resistance of the upward trend for XRP is at $2.87. To continue rising, it is necessary to close above this level. The lower support is at $2.72. Thus, if the price drops below $2.72, we may see further price declines. If XRP closes above $2.87, it could rise to the next resistance level at $2.95.
The 14-day Relative Strength Index (RSI) currently stands at 87.83, indicating an overbought condition. Overbought conditions signal a possible price drop in the near future. On the weekly chart, the RSI is at 56.56, indicating a neutral state.
On the daily chart, the exponential moving averages indicate a bullish signal. The price of XRP is currently above all 10-, 20-, 50-, 100-, and 200-day EMAs.
