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<img width="1200" height="681" src="https://coingape.com/wp-content/uploads/2023/11/cEpLNJ3A-e1699973371902.png" class="attachment-full size-full wp-post-image" alt="XRP PRICE" decoding="async" style="float:right; margin:0 0 10px 10px;">
XRP Price Prediction: Amid the <a href="https://coingape.com/price/bitcoin/">Bitcoin price</a> retracement towards the $36,000 level, the <a href="https://coingape.com/price/xrp/">XRP price</a> has dipped to re-examine the $0.64 zone, which is deemed a key demand area. The digital currency presently hovers within a certain supply threshold, yet there’s an anticipation of an upward trajectory post the SEC litigation’s final decision. 
Also Read:&nbsp; <a href="https://coingape.com/xrp-lawsuit-judge-analisa-torres-signs-order-on-remedies-discovery-and-briefing/">Judge Analisa Torres Signs Order On Remedies Discovery And Briefing</a> 
<h2 id="b-should-you-enter-at-0-65-dip-b">Should you Enter at $0.65 Dip?</h2> 
<ul> 
 <li style="font-weight: 400;" aria-level="1">A minor pullback to $0.65 could recuperate the exhausted bullish momentum.</li> 
 <li style="font-weight: 400;" aria-level="1">Under the influence of the cup and handle pattern bullish recovery pattern, the coin price should rise to $0.93 resistance for a bullish breakout.</li> 
 <li style="font-weight: 400;" aria-level="1">The intraday trading volume in the XRP is $3.5 Billion, indicating a 242% gain.</li> 
</ul> 
<img decoding="async" src="https://s3.tradingview.com/snapshots/c/cEpLNJ3A.png" alt="TradingView Chart">Source- Tradingview 
Following a bullish reversal from the $0.46 level, the XRP price <a href="https://coingape.com/markets/xrp-price-prediction-as-ripple-launches-new-payments-channel-for-fis-and-smes-are-whales-buying/">witnessed a recovery rally</a> to $0.75, fueled by swift progress in the SEC lawsuit and a broader market resurgence. 
<blockquote>
 The price reclaiming the $0.65 level has prompted a re-evaluation phase, characterized by several Doji candles in the previous week. However, buyers are retaining control of the trend, hinting at a <a href="https://coingape.com/education/cup-and-handle-pattern-how-to-identify-and-take-leverage-of-it/">cup and handle pattern</a> on the daily chart. This bullish reversal pattern gives a clear transition from downtrend to uptrend as an asset witnesses bottom accumulation.
</blockquote> 
The XRP is currently priced at $0.66, drawing support from the $0.65 zone, though it has seen a minor daily decrease of 0.96%. The pullback diminishing trajectory suggests a dampening of selling pressure and hints at a potential bullish reversal. 
<h2 id="strong-potential-to-hit-1-strong">Potential to Hit $1?</h2> 
As the market’s rebound takes a brief pause, the XRP price exhibits signs of optimism, notably through the ‘cup and handle’ pattern. The presence of Doji candles at the $0.65 benchmark suggests a forthcoming bullish pivot for this altcoin price. 
Should the recovery rally surpass the $0.75 threshold and maintain the bullish pattern, the surge could extend to the $1 mark. 
Conversely, a fall below $0.65 may precipitate a decline to the $0.52 level. 
<ul> 
 <li style="font-weight: 400;" aria-level="1">Bollinger band: An upswing in the upper boundary of the <a href="https://coingape.com/education/bollinger-band/">Bollinger band</a> reflects the bullish momentum is still active.</li> 
 <li style="font-weight: 400;" aria-level="1">Relative Strength Index: The <a href="https://coingape.com/glossary/rsi-relative-strength-index/">RSI</a> slope has momentarily dipped below the overbought territory, aligning with a lateral movement trend. Nonetheless, at 66%, this indicator still projects a strong bullish bias.</li> 
</ul> 
The post <a rel="nofollow" href="https://coingape.com/markets/xrp-price-prediction-will-xrp-regain-1-by-2023-end/">XRP Price Prediction: Will $XRP Regain $1 by 2023 End?</a> appeared first on <a rel="nofollow" href="https://coingape.com">CoinGape</a>.

XRP Price Prediction: Will $XRP Regain $1 by 2023 End?

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