XRP Price Bullishness Continues, Analyst Shoots For $1.9 With Next Leg-Up

2024-11-28 23:30

The XRP price is consolidating just below the $1.4 mark, but the technical structure continues to show bullish strength. Interestingly,  XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data. 

According to an XRP analysis on TradingView, the technical setup is still pointing to a continued price surge. The analysis suggests that XRP could soon rally further, with a near-term price target set at $1.90.

XRP Price Bullishness Continues

The XRP price surge earlier this month was very unprecedented. Particularly, the XRP price surged from a low of $0.4976 on November 3 to reach a three-year high of $1.6 on November 23. This translates to a 220% price increase in over 20 days. 

However, since it reached this three-year high, XRP has entered a correction phase, retreating by almost 20%. Despite this price correction, XRP has largely traded above a main trendline that has propped up the price during the journey up.

As it stands, technical analysis shows that the XRP price is about to bounce off or break below this trendline, which could make or do its price trajectory from here. An adherence to this main trendline would see XRP bouncing up to the upside, much like it did on November 24. After bouncing up at this point, XRP continued from a low of $1.2775 to retest the $1.54 price level again on November 24.

Now, with the XRP price retesting this major trendline, the more bullish option is an immediate bounce to the upside. A break to the upside would see XRP resuming its uptrend up to the $1.9 price level. Keeping this in mind, the analyst emphasized critical price zones that could shape XRP’s trajectory in the coming sessions. The range between $1.520 and $1.620 has been identified as a crucial area where the price could encounter strong resistance in the coming sessions.

What’s Next For XRP?

At the time of writing, XRP is trading at $1.39 and is still trading around this main trend line. However, the price has yet to show a decisive bounce from this level. Particularly, current price action points to a continued consolidation in the past few hours. 

While the XRP price continues to exhibit signs of bullishness, there exists the possibility of a break to the downside. This break to the downside would be highlighted by a daily close below $1.38. Should this occur, XRP is likely to extend its decline with a retest of the next significant support at $1.32.

origin »

Ripple (XRP) на Currencies.ru

$ 1.8624 (+0.23%)
Объем 24H $1.054b
Изменеия 24h: 0.01 %, 7d: -2.84 %
Cегодня L: $1.8559 - H: $1.8624
Капитализация $112.813b Rank 5
Цена в час новости $ 1.4632 (27.28%)

xrp price continues down strength interestingly bullish

Источник: newsbtc.com

xrp price → Результатов: 126


Banks Could Favor A Higher XRP Price, Finance Expert Says

XRP has continued to trade lower as crypto prices weaken across the board, with the total market shedding more than $1. 3 trillion since October. Related Reading: Bitcoin Feels The Weight Of Quantum Risk Concerns, Industry Leaders Warn During the past three months, XRP has dropped more than 30%, keeping pressure on sentiment even as some commentators argue the token’s purpose goes far beyond short-term price moves.

2025-12-21 00:00


XRP Dominates Institutional Inflows, But Why Is Price Still Low?

XRP is at the center of the institutional flows, leading the crypto market in streaks of capital inflows even as its price is locked around $2. Recent data shows that money is still entering into Spot XRP ETF products, but despite this steady demand and a clear shift toward bullish sentiment across social platforms, XRP’s spot price has struggled to break higher, and this raises questions as to why inflows and price action appear out of sync.

2025-12-16 01:00


XRP price ETFs unable to affect price as XRP drops 5%, is the market eyeing a new payment token?

The xrp price has come under pressure again, even as spot XRP ETFs continue to attract attention from traditional finance. The market remains focused on whether institutional inflows will eventually translate into stronger momentum, but sentiment this week suggests traders are looking at alternative payment-focused assets for stability.

2025-11-16 15:39


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

XRP Trades Like An Asset That’s Survived Its Hardest Trials — Is A Rally Coming?

The narrative surrounding XRP has undergone a fundamental transformation, and the token has begun to trade like an asset that has already endured its most punishing tests. Years of regulatory uncertainty, legal scrutiny, and prolonged underperformance have tempered speculation and reshaped its investor base, leaving behind a market that appears more resilient than reactive. Why […]

XRP Triangle Hints At Potential 10% Move—But In Which Direction?

An analyst has pointed out how XRP could be set up for a potential 10% move based on a technical analysis (TA) pattern in its 15 minutes price. XRP Has Possibly Been Trading Inside A Symmetrical Triangle In a new post on X, analyst Ali Martinez has talked about a Triangle that XRP has been trading inside on the 15-minute timeframe.

Gemini Poll Finds Over 70% Of Investors Predict XRP Below $2 By Year’s End

As the year draws to a close, XRP investors are increasingly adopting a bearish outlook, anticipating that the altcoin will remain below the critical $2 threshold.   XRP Forecasts Dipped A recent poll conducted by cryptocurrency exchange Gemini, running from December 12 to 23, reveals that 73% of investors predict XRP will finish the year between $1.

Banks Could Start Holding XRP Due To This Simple Change

Banks have mostly stayed on the sidelines when it comes to holding XRP directly, even as interest in digital assets continues to increase. That hesitation has not been due to a lack of utility or demand but to strict regulatory capital rules that made holding XRP economically impractical for regulated institutions.

Why This Pundit Believes That XRP Holders Will Become Millionaires And Billionaires

A pundit has stirred conversation in the crypto community by suggesting that XRP holders could see unprecedented wealth, potentially reaching millionaire or billionaire status. He cites the evolving crypto regulatory landscape in the United States (US) and XRP’s potential to play a significant financial role in the economy, which could drive strong demand and value […]