XRP is currently experiencing a minor uptick in its market performance, with a recent pullback. Within the last week, XRP price has consistently traded between $0.52 and $0.50, with an ascending trend. The past week showcased an impressive gain of over 5%, highlighting a strong buying interest. Alongside XRP, other cryptocurrencies, including BTC, have seen significant gains, with <a rel="nofollow" href="https://coinmarketcap.com/currencies/bitcoin/">Bitcoin</a> crossing the $49,000 resistance level. 
XRP has navigated through volatile market conditions, recently showing signs of an upward trend. As of the latest figures, the <a href="https://coingape.com/price/xrp/">XRP price</a> has fallen slightly back to $0.5272, sparking discussions about its short-term prospects. 
<figure id="attachment_180002" aria-describedby="caption-attachment-180002" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/02/XRP-Price-Prediction-2-e1707759234543.png"><img decoding="async" class="size-large wp-image-180002" src="https://coingape.com/wp-content/uploads/2024/02/XRP-Price-Prediction-2-1224x643.png" alt="XRP Price Prediction" width="1224" height="643"></a>
 <figcaption id="caption-attachment-180002" class="wp-caption-text">
 XRP Price Prediction
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The cryptocurrency’s market capitalization stands robust at around $28 billion, cementing its place as the sixth-largest digital asset, according to <a rel="nofollow" href="https://coinmarketcap.com/currencies/xrp/">CoinMarketCap</a>. Trading activity has surged, with a notable 14% increase in the 24-hour volume, reaching $848 million, indicating heightened investor interest in XRP. 
<h2 id="strong-xrp-price-forecast-bullish-predictions-amid-market-fluctuations-strong">XRP Price Forecast: Bullish Predictions Amid Market Fluctuations</h2> 
EGRAG CRYPTO, a well-regarded figure in the crypto analysis sphere, has reiterated his optimistic outlook for XRP, forecasting a surge to $1.4. In his recent X post, EGRAG maintained his stance despite the market’s ups and downs. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw">#XRP</a> Color Code To $1.4 (Update): 
 Same game plan <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;">, no changes here! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> After solidifying a monthly close above the $1 mark with this steady upward trend, it's time to bid farewell to the single-digit price target. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4b8.png" alt="💸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Get Ready, because in the near future, you'll be buying 2… <a href="https://t.co/pqk0PaukeH">https://t.co/pqk0PaukeH</a> <a href="https://t.co/GnamifTnV6">pic.twitter.com/GnamifTnV6</a> 
 — EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1756580277726413252?ref_src=twsrc%5Etfw">February 11, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
His analysis underscores XRP’s potential for a bullish run, confidently stating that a monthly close above $1 could pave the way for its climb out of the single-digit price range. This anticipated rise supports EGRAG’s vision of XRP reaching $1.4, encouraging the community to remain steadfast during the upward journey. 
<h2 id="strong-market-analysis-a-look-at-xrp-s-technical-indicators-strong">Market Analysis: A Look at XRP’s Technical Indicators</h2> 
If the current positive trend persists,<a href="https://coingape.com/markets/xrp-price-prediction-is-xrp-giving-back-the-gain-investors-eye-10-milestone/"> XRP’s value</a> could approach $0.8, with EGRAG foreseeing an even more significant bullish shift that might elevate XRP to $1 and beyond, up to $1.4, in the near future. On the downside, a turn towards bearish trends could dip <a href="https://coingape.com/markets/xrp-price-eyes-lift-off-to-2-2-in-feb-as-bulls-navigate-market-volatility/">XRP</a> value to a $0.50 support level soon. 
<figure id="attachment_180000" aria-describedby="caption-attachment-180000" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://coingape.com/wp-content/uploads/2024/02/XRPUSD_2024-02-12_20-28-10.png"><img decoding="async" class="size-full wp-image-180000" src="https://coingape.com/wp-content/uploads/2024/02/XRPUSD_2024-02-12_20-28-10.png" alt="XRP price chart prediction" width="1154" height="652" srcset="https://coingape.com/wp-content/uploads/2024/02/XRPUSD_2024-02-12_20-28-10.png 1154w, https://coingape.com/wp-content/uploads/2024/02/XRPUSD_2024-02-12_20-28-10-300x169.png 300w, https://coingape.com/wp-content/uploads/2024/02/XRPUSD_2024-02-12_20-28-10-768x434.png 768w, https://coingape.com/wp-content/uploads/2024/02/XRPUSD_2024-02-12_20-28-10-150x85.png 150w" sizes="(max-width: 1154px) 100vw, 1154px"></a>
 <figcaption id="caption-attachment-180000" class="wp-caption-text">
 XRP price chart: <a rel="nofollow" href="https://www.tradingview.com/x/NV8DNIqd/">Tradingview</a>
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</figure> 
The daily technical indicators shed light on the bullish sentiment, with various moving averages and oscillators suggesting a buying opportunity. The Relative Strength Index (RSI) stands at 50.25, signaling a neutral market stance. The Awesome Oscillator (AO) and the Moving Average Convergence/Divergence (MACD) both exhibit green bars, further affirming the potential for an increase in XRP’s price. 
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The post <a href="https://coingape.com/markets/xrp-price-forecast-will-xrp-surge-to-1-4-in-february-with-this-support/">XRP Price Surge To $1.4 Imminent If This Support Holds?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

XRP Price Surge To $1.4 Imminent If This Support Holds?

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