$XRP 's current price is around $3.05, and analysts are saying it could hit $4 soon. Let's break down the technical analysis and predictions.
*Technical Analysis:*
- XRP's price is above key moving averages, with the 50-day holding well above the 200-day, indicating a bullish trend.
- The RSI is in a neutral range, while the MACD shows mild bearish momentum, suggesting a cooling phase rather than a reversal.
- Volume has dipped, but this could signal a lack of strong selling pressure.
*Price Predictions:*
- If buyers return and push the price above $3.13-$3.20, the next target could be $3.66, with potential for a further push toward $4.
- Holding the $3.00-$3.10 support zone remains critical for this scenario.
*Key Levels to Watch:*
- *Support:* $3.00-$3.10
- *Resistance:* $3.66
*Conclusion:*
$XRP 's technical setup and on-chain data suggest a potential upside move if support holds and buying momentum builds. A break above $3.66 could signal a move toward $4.