Resistance

Time

<ul class="list-ic vertical">
 <li><span>1</span> <a>XRP price prediction is bullish for the next month as well as for the long term.</a></li>
 <li><span>2</span> <a>XRP crypto price is preparing to break both EMAs’ hurdles.</a></li>
 <li><span>3</span> <a>Ripple – XRP price is trading near the make-or-break level.</a></li>
</ul>
<p>XRP price prediction is bullish and suggests that crypto is preparing for a massive rally. It retested the breakout level and entered into the narrow range of consolidation.&nbsp;</p>
<p>Ripple – XRP crypto price has consolidated for quite a long time and is likely to break the higher range in the coming months.&nbsp;</p>
<p>The 50-day and 200-day EMA in XRP is sloping sideways indicating prices lacked direction. However, if buyers succeed in pushing the price above both the EMAs, then the uptrend might begin.&nbsp;</p>
<p>The price pattern of XRP crypto is bullish on a higher time frame and indicates buyers near the $0.4200 level.&nbsp;</p>
<p>The majority of the selling pressure is getting absorbed in the demand zone. So, the probability of further downside is low. However, on the higher side, sellers are also active and keep on rejecting every attempt made by bulls.&nbsp;</p>
<p>If in the coming weeks, the BTC price breaks out of the $30K hurdle, then it will spread the positive waves in the crypto market. Moreover, the positive waves might increase the possibility of a breakout in the <a href="https://www.thecoinrepublic.com/2023/10/06/ripple-xrp-price-is-trading-at-support-can-it-boost-up/" rel="noopener noreferrer nofollow">XRP</a>.&nbsp;</p>
<p>At the time of writing, XRP price is trading at $0.5104 with an intraday decline of -1.79%.</p>
<h2 class="wp-block-heading" id="strong-will-xrp-price-defend-the-demand-zone-strong"><strong>Will XRP Price Defend the Demand Zone?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/eT3FzMwTmw60G4M4ox-DUpj5Kq5l4LBc6zUYwORSn9ZoJ8ZZrKLWxTQQePTaKk3JjBwjxPB5rrJjGlsFEstSPoU9WxT_YU3wlrt13HJJVDuDVt4e3cOBCx5RDoSg0oFswLmhRPGdXXBEnHRLTQ1cUzs" alt="XRP Price Prediction: Is it a Good Time To Invest in XRP?">
  <figcaption class="wp-element-caption">
   XRP/USDT daily chart by <a href="https://www.tradingview.com/x/ojK3GujN/" rel="noopener noreferrer nofollow">Tradingview</a>
  </figcaption>
 </figure>
</div>
<p>XRP price prediction favors the bulls and suggests bulls are getting ready for the breakout. In July 2023, XRP price rose 73% in a single day and formed a giant bullish candle.&nbsp;</p>
<p>However, the buyers failed to give the follow-up momentum and slowly the price declined and lost the complete gain.&nbsp;</p>
<p>At present, the XRP price is exactly near to the breakout level so the existing investors are trying their best to defend it. The technical analysis suggests that <a href="https://www.thecoinrepublic.com/2023/10/06/ripple-xrp-price-is-trading-at-support-can-it-boost-up/" rel="noopener noreferrer nofollow">XRP price </a>is inside the demand zone and the probability of taking a U-turn remains high.&nbsp;</p>
<h3 class="wp-block-heading" id="strong-will-ripple-xrp-crypto-price-hold-weekly-gains-strong"><strong>Will Ripple – XRP Crypto Price Hold Weekly Gains?</strong></h3> 
<div class="tradingview-widget-container">
 &nbsp;&nbsp; 
 <div id="tradingview_88fc0"></div> &nbsp;&nbsp; 
 <div class="tradingview-widget-copyright"><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> &nbsp;&nbsp; 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> &nbsp;&nbsp; 
 <script type="text/javascript">

  new TradingView.widget(

  {

  "width": 950,

  "height": 500,

  "symbol": "BINANCE:XRPUSDT",

  "interval": "D",

  "timezone": "Etc/UTC",

  "theme": "light",

  "style": "1",

  "locale": "en",

  "enable_publishing": true,

  "allow_symbol_change": true,

  "studies": [

    "STD;RSI",

    "STD;Supertrend"

  ],

  "container_id": "tradingview_88fc0"

}

  );

  </script>
</div> 
<p>Ripple – XRP crypto price is up by 5.19% in the current week and buyers are trying to hold the weekly gains. Crypto needs fresh buying as well as whales’ participation to break the higher range for new price discovery.&nbsp;</p>
<p>The MACD curve displayed a positive crossover and the histogram bar is also turning green. It indicates bullishness and prices might shoot up anytime. The RSI curve at 53 denotes strength and bulls seem to be returning back to the track.&nbsp;</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>XRP price prediction is bullish for the next month and suggests a significant rise in the value is possible.&nbsp;</p>
<p>Ripple – XRP price is trading near to its demand zone so the probability of an upward reversal is high. Therefore, XRP price looks cheap at current levels and is a good time to invest for the long term.</p>
<h5 class="wp-block-heading"><strong>Technical Levels</strong></h5>
<ul>
 <li>Resistance levels: $0.5500 and $0.6488</li>
 <li>Support levels: $0.4211 and $0.3500</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

XRP Price Prediction: Is it a Good Time To Invest in XRP?

Table of Contents

Thecoinrepublic.com

Other articles published on Oct 20, 2023

Dogecoin: $100 Weekly Investments Turns into Millions in 2023

Lido Finance Withdraws from Solana, Focuses on Polygon

What You Need to Know Before Buying Kaspa (KAS) – Crypto Expert

Immutable postpones by a year the $67 million token vesting.

Why Solana is a bad deal: trader explains

Japanese Gaming Giant Bandai Namco Halts Gundam Metaverse Downloads – What's Going On?

Join our free newsletter for daily crypto updates!