• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: XRP Price Prediction For January 14
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > XRP Price Prediction For January 14
Crypto News

XRP Price Prediction For January 14

vitalclick
Last updated: January 14, 2025 5:23 am
4 months ago
Share
SHARE

Contents
Micro Support LevelsTriangle Pattern Still in PlayMarket Sentiment and Bitcoin’s InfluencePossible Downside Scenarios

XRP’s price remains above the recent swing lows, but the recent rally appears to have ended in a corrective pattern. Despite some positive price action, the market has not yet confirmed a breakout. Historically, breakouts from triangle patterns tend to show strong upward movement. However, the rally observed earlier this week did not maintain this momentum. XRP briefly rose from around $2.20 to $2.60, but the necessary breakout has not materialized.

Micro Support Levels

A key support level at $2.39 was identified as critical for maintaining the uptrend. Although the price briefly dipped below this level, it remains relevant. There is a possibility that the price will revisit this support zone, especially if the market moves upward in a corrective structure before retesting it.

Triangle Pattern Still in Play

The current price action suggests that the triangle pattern (A-B-C-D-E) is still intact. While the price broke above the D-wave high for a short period, it did not hold. For confirmation of the pattern’s completion, a break above $2.72 is required. If the price does not break above this level, the pattern may extend or evolve into a more complex structure.

Market Sentiment and Bitcoin’s Influence

The broader cryptocurrency market is under downward pressure, largely due to Bitcoin’s recent price movement. XRP has been impacted, but the effect has been mostly on a micro level. No significant support levels have been breached, and the overall market structure remains intact. The key invalidation point for the current triangle pattern is at $1.96—if this level is broken, a major shift in market structure is likely.

Possible Downside Scenarios

While the triangle pattern suggests a potential upward breakout, a more complex structure like a WXY correction could also unfold. In this case, the price may move downward before resuming upward momentum. The failure to form a confirmed low suggests that a reversal has not yet occurred.

You Might Also Like

New Crypto Predictions From 3 Well-Known Experts, Will Bitcoin (BTC) Drop Below $50,000?

Top 5 Reasons Why Pi Coin Price Plunge After Mainnet Launch?

Will the Price Rally Beyond $100k?

Hamster Kombat Token (HMSTR) Dips 38%: Will This Popular Game’s Crypto Recover or Sink Further?

Coinbase Relaunches Bitcoin Loans: Can They Succeed?

TAGGED:CryptoNews
Share This Article
Facebook Twitter Email Print
Previous Article Big Defeat for SEC’s Gensler: Coinbase Secures Partial Win
Next Article FDIC Will End Cryptocurrency Hostility
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?