• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP May Reach $5.85 Confirming Bullish Strength

user avatar

by Giorgi Kostiuk

7 hours ago


Analysts believe XRP's recent correction has ended, opening the potential for the cryptocurrency to rise. This article examines support levels and possible scenarios.

XRP's Current Situation

XRP has completed its correction and may enter a new phase of uptrend. Support at $2.22 and $2.04 could play a vital role in preventing further price decline.

Analysts' Opinions

Analyst Dark Defender suggests XRP could soon reach $2.42. The main target, according to the expert, is hitting levels of $4.2932 and $5.8563. This assessment is based on XRP's ability to stay above the Ichimoku cloud, a crucial indicator for trend confirmation.

Hi all! I hope you are well! XRP has finalized the correction on the four-hour time frame! Below is the daily time frame. Considering the correction structures, XRP is expected to move towards $2.42 first.Dark Defender

Key Levels and Forecasts

For the trend to confirm strength and target $4.20, XRP needs to close above $2.83. EGRAG CRYPTO also highlights the importance of the 'Blue Channel' for further XRP price growth.

Experts conclude that the completed XRP correction paves the way for potential growth beyond $5.85. Supports at critical levels will aid in averting declines, building a favorable foundation for future price increases.

0

Share

Other news

Market Test: Ethereum and Key Support Levels

Ethereum faces support at $2,000, hinting at potential recovery if demand holds strong.

user avatarGiorgi Kostiuk

2 minutes ago

TON Price Surges After Pavel Durov's Passport Return

TON price increased by 20% following Pavel Durov's passport return.

user avatarGiorgi Kostiuk

3 minutes ago

Bitcoin Price Drops as Major Investors Withdraw

Overview of current trends in the Bitcoin market: price decline, major investment withdrawals, and potential consequences.

user avatarGiorgi Kostiuk

13 minutes ago

Taproot Wizards Supports Odin.fun: A New Era in Bitcoin Memecoin Trading

Taproot Wizards invests in Odin.fun for simplified Bitcoin-based memecoin trading, led by Udi Wertheimer.

user avatarGiorgi Kostiuk

17 minutes ago

Why the Arctic Pablo Coin Presale is Generating Major Buzz?

Explore the core features and current developments of Arctic Pablo Coin and other trends in the meme coin market.

user avatarGiorgi Kostiuk

18 minutes ago

New US Regulatory Approach to Cryptocurrencies by SEC

SEC sets new rules for the crypto industry under Hester Peirce's leadership, supported by Mark Uyeda.

user avatarGiorgi Kostiuk

19 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.