XRP’s Performance and Price Chart
XRP has been garnering attention lately as traders hope for the cryptocurrency to reach its previous all-time highs. However, despite the positive market trend and recent legal victories for Ripple Labs, XRP’s overall performance has been disappointing. In the last 52 weeks, XRP’s price has only increased by 38.53% and is down 13.91% in 2024. Even in the past 30 days, the cryptocurrency saw a decline of 0.66%. Currently, XRP’s price stands at $0.54, experiencing a drop of 5.41% in the latest trading hours.
XRP Price Prediction
Considering these factors, let’s explore a price prediction for XRP over the next 10 days using AI-driven predictive machine learning algorithms from PricePredictions. According to their forecasts, XRP is expected to start rising in the coming days, with a projected increase of 2.8% on March 1, 2024, reaching $0.553549. The uptrend is anticipated to continue into the second half of March, with XRP reaching $0.570682 after a total rise of 5.55% within 30 days.
Technical Analysis and Recommendations
Despite these positive projections, technical analysis provided by TradingView suggests that it may be wiser to sell XRP. Based on its performance in the last 24 hours and week, XRP is currently ranked as a ‘sell’ overall, with oscillators and moving averages indicating a bearish sentiment.
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