In the latest statements made in the crypto markets, experts claimed that the price of XRP in a short period of 60 days can reach $ 2.7. While developing market dynamics and technical analysis attracts the attention of investors, there are uncertainties in the region.
Price forecasts and timeline
In a statement, the price of the XRP Crypto said that the price of XRP could reach $ 2.7 in 60 days. In the estimation of historical data, there are signals that high increases in 2017 in the past could trigger similar dynamics.
ECRAG CRYPTO: “The price of XRP can reach 2.7 dollars in 60 days when past trends are taken into consideration.”
Technical Indicators and Support Levels
In the technical analysis studies, the current support levels of XRP were examined. According to the statements, if the price remains below $ 2, the levels of $ 1.79 and $ 1.56 are considered critical support points.
Market Developments and Decision Points
Analysts pointed out the importance of turning the 2.17 dollar level, the first important test of the recovery in the XRP, into support. Crypto analyst Casitrades said that this level may play a critical role in terms of changing the direction of price movements.
Casitrades: “XRP’s first test level, 2.17 dollars transformed into support level, can be an important signal in the market.”
Casitrades also said that if the price increases above $ 2.17, the rise will be focused on resistance zones such as 2, 2.70, $ 3.05. It is observed that the movement, which will take place under the influence of the Fibonacci time period, is carefully followed among market participants.
Market data and global developments are likely to affect the XRP price, while some investors think that the latest data may affect the market downward. PMI and Jolts data have led to fluctuations at prices after the latest explanations.
In addition, international developments and some economic measures planned to be announced in the coming days are expected to create sudden mobility in crypto markets. Investors were advised to be cautious and pay attention to the uncertainties in the market.
Analysis shows that XRP’s price movements are evaluated in the light of technical indicators, previous period data and global economic developments. With the effect of economic data and international explanations, it is emphasized that it should be prepared against sudden changes in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
