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coinpedia 2025-01-23 06:48:06

XRP Price Prediction For January 23

The post XRP Price Prediction For January 23 appeared first on Coinpedia Fintech News XRP is at a crucial juncture, with its price either poised for a massive breakout or possibly marking the end of an internal corrective rally. The scenario could play out in two ways: a bullish continuation to the upside or a corrective pullback. Both scenarios are part of an overall bullish outlook as XRP may be undergoing a wave two correction. At the time of writing, XRP is trading at $3.14 and is down by more than two percent in the last 24 hours. Bullish Outlook and Key Support Levels: In the most optimistic case, the price could be forming a wave one move up followed by a wave two pullback that may have already bottomed around $2.79. The important level to watch is the $2.52 mark, which acts as a key support zone. A break below $2.52 would invalidate the bullish scenario and point toward a more bearish outlook, with further downside potential. Challenges to Immediate Breakout The current price action is somewhat unclear. While XRP has held key support levels, it remains below its all-time high, and the price action since January 20th has been choppy and overlapping. This suggests that while the bullish case remains intact, there may still be some consolidation or a retest of support before any sustained breakout. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP News: Ex-Ripple Exec Predicts SEC Will Settle or Dismiss Ripple Lawsuit Within the Week , Potential for Sideways Movement: XRP’s price may continue to consolidate between $2.50 and $3.40. While this range could be seen as “noise,” it’s important to monitor the $3.40 level as a key resistance. A breakout above that would signal the next leg up in this bullish scenario. 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updateSubscriptionButton(); } } }); FAQs How much will XRP be worth by the end of 2025? XRP might reach a high of $3.99 with an average of $3.07. How much would the price of Ripple be in 2040? As per our latest XRP price analysis, the Ripple could reach a maximum price of $148.37. How much will the XRP price be in 2050? By 2050, a single Ripple price could go as high as $418.73.

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