Forecasted Value of Ripple (XRP) for the Current Week
The price of Ripple's XRP has seen a significant surge, going from $2.3 to $3 in less than a week, marking a 30% rally. This is the first time XRP has approached the $3 resistance since March. As the price hovers near $3, the cryptocurrency stands at a critical juncture. If it surpasses this resistance, it could potentially achieve a new all-time high.
However, failure could lead to a return of sellers, indicating a sign of weakness. The weekly MACD has turned bullish, suggesting a potential sustained rally in the future, even with a possible pullback at the current resistance. If momentum continues, XRP could break the $3 resistance and reach new heights with key targets at $3.4 and a new all-time high of $3.6.