The following XRP price predictions examine Ripple’s price action, RSI movements, as well as notable changes in its trading volume. XRP managed to reclaim a price above $2. However, at this point, it’s really important to analyze whether or not the price can retain itself above this otherwise pivotal level or if we will see a repetition of the not-so-distant future, when XRP lost it almost immediately after reclaiming it. Buyers returned since late December, which allowed XRP’s price to reclaim the support at $2.
As long as this key level holds, the chart leans bullish with the current target found at $2.4. This level also acts as a key resistance. Key support is $2, with $2.4 as the next resistance.
Volume remains low, and despite hints the price wants to move higher, overall buy volume remains depressed with lower highs. A breakout may require more time until buy volume increases, potentially starting once the resistance at $2.4 is broken. The weekly RSI has crossed above its moving average, offering a bullish signal, but it must rise above 50 to confirm the shift.
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