XRP Price Prediction For July 23

8 hours ago 1
ARTICLE AD BOX
XRP Price Prediction

The post XRP Price Prediction For July 23 appeared first on Coinpedia Fintech News

XRP continues to ride the momentum of its recent breakout. After shattering its previous all-time highs and climbing above $3.60 in recent weeks, XRP has entered a critical zone where bulls and bears are battling for control. So, what can we expect from XRP in the next 24–48 hours? 

Current Market Behavior: XRP Holding Strong After Breakout

Right now, XRP is trading above key support levels, particularly between $3.30 and $3.40. This zone has become important because it was once a strong resistance area, but after XRP broke above it, it has now turned into a support level. This flip from resistance to support is often seen as a bullish sign in technical analysis.

XRP also retested and bounced off its previous all-time high, which adds to the strength of the ongoing uptrend. The price structure remains bullish, and unless it sees a breakdown below the $3.30 support, there’s a good chance that XRP could continue pushing higher.

If XRP were to drop below $3.30, the next big support area would be between $2.75 and $3.20. This range includes key technical levels, like the 50 percent Fibonacci retracement from the recent rally. Falling below $2.65 would be a bigger concern, as that could mean the current bullish wave is ending or entering a deeper correction phase.

On the flip side, if buyers continue to show strength, XRP could target $3.84 level as the next milestone, followed by $4.33 and even $4.72. 

How Bitcoin and Ethereum Could Impact XRP

As always, it’s important to know that XRP doesn’t move in a vacuum. The overall crypto market, especially Bitcoin and Ethereum, still plays a major role. If Bitcoin continues to consolidate near $118K without major dips, and if Ethereum avoids deeper corrections, XRP is likely to benefit.

Another macro signal: Bitcoin dominance is declining, which means altcoins like XRP could continue to outperform in the short term.

Read Entire Article