In the last 24 hours, the Open positions of the XRP’s open positions have been over $ 3 billion, revived expectations for Altcoin. In line with market data and analysts’ assessments, a potential rise movement can be expected if XRP remains on resistance levels. In line with these developments, investors consider different scenarios.
XRP Coin Analyst estimates
Ali Martinez, one of the crypto money analysts, said that if the XRP remains above $ 2, it could be a 30 %rise movement towards 2.60 levels.
Ali Martinez: If XRP remains above $ 2, I am waiting for a 30 %movement towards 2.60 levels.
Other analysts have similar expectations. For example, Casitrades’s prediction indicates that up to 2.70 an increase is possible if the XRP closes above 2.24. Crypto analyst Rex drew attention to the signals of a strong rise in the near future.
REX: There is a significant signal recently; It can rise to XRP 2.9.
XRP Coin Future
Analysts say two different ways can be followed in the XRP price. Ecrag Crypto drew attention to the Ascending Broading Wedge formation formed in its current form. According to the analyst, if the XRP cannot be closed above $ 3.50, the risk of decrease is also observed.
Ecrag Crypto said that the XRP should first reach $ 5, and then to test $ 1.90 again. In this scenario, it is predicted that if the subcoin makes a strong closing, it may be over 6 dollars and may reach double -digit levels within two to three weeks. The target also points to a level of $ 17.50, but it is stated that there are possible risks.
Market analysts, in line with the signals of the XRP’s technical formation, sudden rise, as well as sharp drops are also possible. This uncertainty continues to attract the attention of investors.
In the light of different analyzes, the short -term movements of XRP are seen to bring both rise and decline scenarios. The current situation for investors reveals that levels of technical support and resistance should be closely monitored.
Analyst’s views and market data reveal the complex formation of expectations for the future of XRP. Investors are recommended to take into account the risk factors as well as technical analysis while evaluating this situation.
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.
