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Following the SEC appeal, the XRP coin price had experienced a major price action. However, over the past few days, its price has stabilized to a notable extent.  
With the volatility in the crypto market on a constant rise, is this a crucial time to hold XRP tokens? In this article, we have covered the market sentiments and potential price targets of the Ripple (XRP) token.  
<h2 class="wp-block-heading" id="h-ripple-price-to-test-it-s-important-zone">Ripple Price to Test It’s Important Zone!</h2>  
The XRP coin prices have constantly traded in a narrow range between $0.52 and $0.54 this month. Moreover, it has dropped ~4% in the past day and 10.54% during the past month. With a market cap of $29.82 billion, it has maintained its 7th position in the market.  
<figure class="wp-block-image size-large"><img src="https://image.coinpedia.org/wp-content/uploads/2024/10/23160648/image-104-199-1024x540.png" alt="XRP Price Analysis 23rd Oct 2024" class="wp-image-370959">
</figure>  
The EMA 50/200-day has displayed a constant decline in the 1D time frame. Furthermore, with a high possibility of a Death Cross, the XRP token hints at a negative outlook in the coming time.  
Moreover, the RSI indicator has failed to breach its neutral point in the XRP price chart. This has resulted in it recording a drop toward its oversold range with its average trendline experiencing a bearish convergence.  
<h2 class="wp-block-heading" id="h-will-the-bulls-push-the-xrp-price-to-0-63">Will the Bulls Push the XRP Price to $0.63?</h2>  
If the bullish sentiment revives, the Ripple price will retest its resistance level of $0.560 this month. Moreover, if the bulls dominate the crypto market, the XRP token will head toward its upper resistance level of $0.630.  
On the contrary, if the bears outrun the bulls, the Ripple crypto will break its support zone and retest its $0.50 level. Further, if the bulls fail to regain power at that level, this altcoin could potentially test its lower support level of $0.4880 this year.  
Wondering if this altcoin will record a new ATH in the coming time? Read our <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) Price Prediction</a> article to uncover the long-term price prospects!

Ripple Price Analysis: Will XRP Price Reclaim $0.63 or Fall to $0.48?

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