Cryptocurrency

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/ripple-xrp-prices-usd" title="XRP coin" class="f-link">XRP coin</a> has been forming a descending channel pattern since early December 2023.</li>
 <li>$XRP broke through the resistance at 54 cents, marking a potential shift from its mid-November 2023 downtrend.</li>
 <li>The latest bullish momentum managed to breach the declining resistance, coinciding with the 0.618 Fibonacci level.</li>
 <li>Currently trading near the 200 Day MA, a break above this MA could further support bullish sentiments.</li>
 <li>XRP's price seems to follow a pattern aiming to reach the neckline of the parabolic curve at $0.62.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar's analysis" class="f-link">Coingabbar's analysis</a>, XRP Price Prediction 2030 will be approximately $3.00.</li>
 <li>XRP Price Prediction 2050 suggests that it may reach a minimum of 2000 $XRP price in inr.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.5800-$0.6000
SUPPORT LEVEL : $0.5400-$0.5200
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

XRP Price Prediction: Breakout Signals Extended Bull Run

Coingabbar

Other articles published on Feb 16, 2024

Worldcoin Wallet Sees Remarkable Gain in Just Two Days

Experts Anticipate Continued Rise in Cryptocurrencies for 2024

VeChain (VET) Investors Drive Into Option2Trade’s (O2T) $888k Giveaway

FTX bankruptcy firm Sullivan & Cromwell tipped for Binance monitor role

Analyst Foresees Stacks Cryptocurrency Rising on Bitcoin’s Momentum

Binance Coin (BNB) Price Prediction for February 16

Join our free newsletter for daily crypto updates!