Ripple’s XRP is back in news after being included in an Crypto FNB newly deposited by the Truth Truth social platform. Called the Crypto Blue Chip ETF, the fund will follow cryptocurrencies like Bitcoin, Ethereum, Solana, Cronos and now XRP.
XRP price prediction
Since the announcement, the price of XRP has increased. In the past 24 hours only, it increased by 6%, currently negotiating at $ 2.57 and considering the bar of $ 2.60. The escape opened the doors for a new rally, with targets at $ 2.67 and beyond in the coming days or weeks.
On the graphics, analysts identify bruise signs. In fact, XRP officially broke out with a major resistance area between $ 2.31 and $ 2.36, a level that capped its price for weeks. The break suggests that XRP comes out of its long side range and could prepare for a stronger rally.
If XRP can erase short -term obstacles around $ 2.44, it could continue to climb to its next large resistance between $ 2.60 and $ 2.65. Up to decrease, any decline could find support around the old resistance zone from $ 2.31 to $ 2.36, which should now act as a safety net for prices.
Can XRP reach new heights of all time?
XRP is currently in the middle of a third wave rally, a phase generally known for strong ascending movements. If this momentum continues, XRP could possibly look at $ 3.30, $ 5.00, and perhaps even higher levels like $ 9.81 in the longer term, although this requires very optimistic market conditions.
In the short term, if the prices are faced with a decline, the levels of key support to be monitored are about $ 2.25 to $ 2.36. Being above these areas would maintain the living upward trend.
