After the gigantic fall in during the H1 2022, the XRP price has maintained a consolidated trend but failing constantly to reach above $0.5 and hence dropped heavily. The price is believed to continue testing the lower support levels and may also slid below $0.25 or even $0.2 in an extended bearish trend during the first few weeks in 2024 to mark the bottoms of the current bear cycle.
With a rebound the price may ignite a notable upswing and rise high to regain the levels beyond $0.4 initially and later try to reach beyond $0.5 levels by the end of H1 2023. However, after sustaining above these levels, the XRP price may maintain a strong bullish momentum to reach the target for 2023 that lies around $1.
With a rebound the price may ignite a notable upswing and rise high to regain the levels beyond $0.4 initially and later try to reach beyond $0.5 levels by the end of H1 2023. However, after sustaining above these levels, the XRP price may maintain a strong bullish momentum to reach the target for 2023 that lies around $1.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.