XRP Price Prediction – Is XRP Going to Go Up?
XRP, the token used for cross-border money remittance, appears to be at the tail end of a retracement from its October peak at $0.5488. A substantial demand area sits at $0.4200, where the XRP price is expected to start a new rally. This is a minor dip from XRP’s current price , $0.4455, but investors should not fret because such a move could allow for liquidity collection ahead of a rebound to $1. XRP Price Ready to Push Forward The region between $0.4000 and $0.4400 represents the most robust demand area, helping XRP price to stay afloat. This support has been respected since September 28, when the token pulled back from its monthly top at $0.5606. A descending trend line currently limits XRP price movement to the upside, leaving buyers with no option but to consider new entries downstream. In other words, immense liquidity awaits the international money remittance token within the rectangle pattern highlighted on its daily chart . XRP/USD price chart |...