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<p>Despite experiencing several positive events such as winning the Ripple vs SEC ruling, Grayscale adding the XRP trust, and a strong bullish reversal in the crypto market. Ripple’s native token “XRP” continues recording a neutral price action for a brief period.</p>  
<p>With this, altcoin investors and Satoshi-era investors are concerned about the prospects of one of the oldest cryptocurrencies to exist. Planning to stack more XRP tokens with a strong belief in an optimistic future? Dive in to find out the short-term prospects of the Ripple (XRP) crypto token.</p>  
<h2 class="wp-block-heading" id="h-ripple-price-tests-its-important-resistance-trendline">Ripple Price Tests Its Important Resistance Trendline</h2>  
<p>In spite of increased price volatility in the crypto market, the XRP price has recorded a neutral price action over the past few days. Reportedly, this altcoin has experienced a variation of less than 1% over the past 30 days. This indicates a weak price action for it in the crypto market.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/26181836/image-600.png" alt="XRP price analysis 26th Sept 2024" class="wp-image-355980">
</figure>  
<p>Moreover, it has recorded a Year-to-Date (YTD) return of -6.88%. This indicates a long-term bearish sentiment for the XRP price in the market. With a 24-hour trading volume of just over a billion and a market cap of $33.15 billion, Ripple continues to hold its 7th position in the crypto-verse.</p>  
<h2 class="wp-block-heading" id="h-xrp-technical-sentiments">XRP Technical Sentiments</h2>  
<p>The EMA 50-day constantly acts as a support to the price chart. This indicates a strong bullish sentiment for the altcoin in the crypto market.</p>  
<p>Further, the Relative Strength Index (RSI) is on the verge of recording a positive crossover in the 1D time frame. This suggests that the price of Ripple may continue gaining value in the coming time.</p>  
<h2 class="wp-block-heading" id="h-will-ripple-slingshot-to-1-in-q4">Will Ripple Slingshot To $1 in Q4?</h2>  
<p>A bullish breakout could result in the XRP coin price heading toward its upper resistance level of $0.630. Maintaining the price at that level could set the stage for it to head toward its upper high of $0.690 during the upcoming weeks.</p>  
<p>Taking the present trading price into consideration, the Ripple (XRP) price requires a jump of ~69% to achieve the $1 mark this year.</p>  
<p>On the flip side, if a trend reversal occurs, the XRP crypto price will retest its important support zone of $0.560. Furthermore, if the bearish sentiment intensifies, this could result in it plunging toward its lower support trendline of $0.480 in the coming time.</p>  
<p>Concerned about the future of your XRP holdings? Read our <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) Price Prediction</a>!</p>

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