The post <a rel="nofollow" href="https://coinpedia.org/price-analysis/xrp-price-prediction-can-xrp-reach-above-1-in-2023/">XRP Price Prediction: Can XRP Reach Above $1 in 2023?</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
After maintaining a notable rise in the past couple of days, the XRP price is undergoing a decent correction in the short term. Despite the consolidated trend, the price still looks out for a considerable breakout with the formation of a bullish pattern, eyeing a recovery above $0.55 before the end of the weekly trade.&nbsp; 
The XRP price is managing within a bullish range and trading at $0.48 with a slight upswing of 1.28%. The recent recovery initially aimed to reach $0.5 and secure levels above $0.52. But the start of the day’s trade began with a consolidation, which dragged the price slightly lower. The pullback appears to be the beginning of a fresh downward trend, but this is also treated as an opportunity to attract fresh liquidity, as bulls may certainly not lose their grip over the rally.&nbsp; 
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The XRP price continues its trade within a bullish pattern, in an ascending triangle, and is expected to maintain a healthy upswing to reach the edge of the consolidation. Moreover, in the short term (hourly chart), the price has formed a bull flag pattern. Hence, a bullish breakout appears to be fast approaching in the short term, which may help the price trigger a rebound in the long term.&nbsp; 
Besides, the price has risen above the crucial 200-day EMA levels, which may offer a base to trigger a rebound in case of a bearish divergence. Therefore, if the pattern executes well and the market conditions respond in favor of the crypto, the price may initially reach above $0.6. This can be considered a huge buy signal that may further lift the price close to or beyond the yearly milestone of $1.&nbsp;

XRP Price Prediction: Can XRP Reach Above $1 in 2023?

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