XRP's overall performance has been somewhat disappointing lately, leading some particularly passionate members of the community to doubt that XRP will be able to reach $1, much less up to $2. XRP price chart Indeed, despite the impressive growth in the cryptocurrency market, over the past 52 weeks the price of XRP has increased by a relatively modest 38.53% and actually decreased by 20 24 year by 13.91%. The previous 30 days of trading were not much more optimistic, since during this period the token added an insignificant 2.2%. Today, during the day, the price of XRP fell by 2.9% to the level of $0.53.
Machine learning algorithms based on artificial intelligence of a platform specializing in forecasting prices for cryptocurrencies PricePredictions, calculated the price of XRP in the next 10 days her. XRP price forecast AI predicts that XRP will begin to rise in the coming days, and on March 1, 2024, the token will trade with an increase of 2.8% at $0.553549. In addition, it is predicted that the upward trend will continue until the second half of March and that in 30 days XRP will reach $0.570682, rising by a total of 5.55%.
Despite the positive forecasts, technical analysis over the past week provided by TradingView shows that it may be wiser to sell the token.
The last time frame is especially bearish, since it gives a “sell” rating, the same thing is shown by the oscillators rating, and the moving averages indicate a “strong sell”.
