XRP Price Prediction: Is $0.50 the Next Stop for XRP

Published:February 23, 2024 Updated: April 06, 2025
By: Lokesh Gupta
XRP Price Prediction: Is $0.50 the Next Stop for XRP

XRP Price Prediction 2025 is at approximately $1.50

  • XRP faces difficulty surpassing $0.580, mirroring Bitcoin's struggle at $53,000.

  • Ripple (XRP) fell to $0.55 support as bulls couldn't propel the price upwards.

  • Long-wick rejection signals overhead supply and potential double-bottom pattern formation.

  • XRP price is trading below the 20-day, 50-day, 100-day, and 200-day moving averages on the daily chart.

  • Analysis of the daily chart shows XRP's rejection from the top boundary of a significant descending channel.

  • Yesterday's breach of the support trendline on the daily chart intensified selling pressure.

  • If XRP closes below $0.5350 levels, the next potential support could be around $0.50.

  • According to Coingabbar's analysis, XRP price prediction 2030 is around $3.00.

  • XRP Price Prediction 2050 predicts that it will reach at least 2000 XRP in INR.

KEY LEVELS :

RESISTANCE LEVEL : $0.5520-$0.5800

SUPPORT LEVEL : $0.5200-$0.5000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Also read: Bitcoin Price Prediction: Is the Bull Run Coming to an End
Lokesh Gupta
Lokesh Gupta

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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