Ripple, which had previously achieved success in the #SEC case, had a breathless rise from $0.50 price levels to 0.95. #XRP then did not maintain its price and started to decline. Expert analysis bot tool Coincodex shared a price prediction for XRP. According to the forecast, XRP may exceed the $2 level next year.

Will XRP Become $2? XRP Price Prediction

Analysis site Coincodex, considering the bull data, stated that it may be possible for XRP to reach the $ 2 level in the coming years. According to data from the firm, the price of XRP could rise from the current level of $0.65 to $2 by next year. As you know, the $XRP ATH record was recorded as $3.84. The project, which has not been able to come close to this level before, may experience a different attack in this bull.

The price of XRP is down significantly by over 6.15% in the last 24-hour period, but is still up 6.6% so far this week and over 29% in the last 30-day period.

XRP has serious institutional and individual investors. It is obvious that the first target of this investor group, called the bone staff, is 1 dollar.

XRP Teknik Analyz

  • According to our current XRP price prediction, the XRP price is predicted to increase by 32.26% and reach $0.874510 by November 14, 2023.

  • According to our technical indicators, current sentiment is Neutral, while the Fear and Greed Index reads 69 (Greed). XRP recorded 19/30 (63%) green days with 11.54% price volatility in the last 30 days.

  • Based on November 2023 data, the overall XRP price forecast sentiment is neutral. While 20 technical analysis indicators give bullish signals, 11 indicators point to bearish signals.

  • According to our technical indicators, XRP's 200-day SMA will increase next month and reach $0.575737 by December 9, 2023. XRP's short-term 50-Day SMA is estimated to reach $0.709813 by December 09, 2023.

  • The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 78.76, which indicates that the XRP market is in an overbought position. The RSI indicator shows that the price of XRP will increase.

XRP Support and Resistance Levels

Based on the $0.686753 pivot point (P1), XRP has support levels at $0.676497, $0.664203, and the strongest at $0.653947. Similarly, XRP resistance levels lie at $0.699046, $0.709302, and $0.721596.