Coin

<ul class="news-points"> 
 <li>The Fib extension showed that XRP may rise to $0.75 as a first target.</li> 
 <li>Should the 12 EMA flip the 26 EMA, XRP’s momentum may turn bullish.</li> 
 <li>XRP’s potential to reach $1 may not happen in a few weeks but it remains feasible in 2024.</li> 
</ul> 
Although the numerous $1 price predictions that <a href="https://coinedition.com/xrp-price-analysis-for-december-25-is-the-price-ready-to-rise/">Ripple (XRP)</a> may not have come to pass, the token might be getting set for a big move. Between December 18 and 26, XRP formed an ascending channel per the 4-hour chart. 
During that time, the cryptocurrency breached the $0.61 and $0.62 resistance before touching $0.64. At the time of writing, XRP’s price had decreased to $0.62, as shown by the TradingView chart below.&nbsp; 
However, the decline does not imply that the token will continue to hover around the $0.60 region in the coming week. Coin Editon then checked out the Auto-Fibonacci extension. 
<h2 class="wp-block-heading" id="h-entries-are-around-0-62">Entries Are Around $0.62</h2> 
As of this writing, the 0.382 Fib level was at $0.62. This indicates that the $0.62 region could be a good entry-level for XRP. Furthermore, the 4.236 Fib extension revealed that XRP has the potential to hit $0.75 in the near term. 
But to hit the mentioned price, accumulation has to be intense and bulls hav…
The post <a href="https://coinedition.com/xrp-technical-indicators-flag-bullish-will-1-happen-in-2024/">XRP Technical Indicators Flag Bullish: Will $1 Happen in 2024?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

XRP Technical Indicators Flag Bullish: Will $1 Happen in 2024?

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