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The Ripple price prediction shows that XRP settles above the 9-day and 21-day moving averages as the coin heads to the upside.
Ripple Prediction Statistics Data:
- Ripple price now – $0.616
- Ripple market cap – $33.7 billion
- Ripple circulating supply – 56.1 billion
- Ripple total supply – 99.9 billion
- Ripple Coinmarketcap ranking – #7
Investing early in cryptocurrency projects can yield substantial returns, as demonstrated by this token’s remarkable 21,344.35% increase from its all-time low of $0.002802 in July 2014. Despite being 84.36% below its all-time high of $3.84 in January 2018, Ripple’s dramatic rise from its lowest point highlights the potential rewards of recognizing and acting on opportunities early in the crypto market.
XRP/USD Market
Key Levels:
Resistance levels: $0.720, $0.740, $0.760
Support levels: $0.500, $0.480, $0.460
XRP/USD is approaching a crucial resistance level within the ascending channel. This current movement, which includes well-established support and resistance lines, is a significant indicator of potential future price movements. The first identified in July 2023, the resistance line remains a formidable barrier that XRP has yet to break through. Today, an early trading session made the Ripple price touch the $0.631 level before rebounding to where it is trading currently at $0.616.
Ripple Price Prediction: Would Ripple Create Additional Gain?
As of the latest analysis, the Ripple price is once again heading toward the upper boundary of the channel. This proximity to the resistance level of $0.065 suggests that a critical decision point is approaching. However, a breakout above this resistance could trigger significant upward momentum, while a failure to break through might lead to a pullback towards the lower boundary of the channel. Therefore, if the coin crosses above the upper boundary of the channel, it could further strengthen the market to the resistance levels of $0.720, $0.740, and $0.760 respectively.
However, in the event of a breakdown from the current resistance, the next support level is anticipated to be in the range of $0.060 – $0.055. This range aligns with the lower boundary of the channel, providing a potential floor for the price if downward pressure increases. Meanwhile, if the sellers manage to fuel the market, traders may expect a further drop to the support levels of $0.500, $0.480, and $0.460. On the other hand, the 9-day MA is hovering above the 21-day MA, indicating that the market may retain the bullish trend.
XRP/BTC May Trade Bearishly
Against Bitcoin, the Ripple price is attempting to cross above the 9-day and 21-day moving averages in other to reach the resistance level of 1000 SAT. However, this resistance level is expected to effectively exceed so that the market price may end up heading toward the upper boundary of the channel.
On the other hand, if XRP/BTC trades below the moving averages, it could refresh lows under 950 SAT and a possible bearish continuation may likely meet the major support at 830 SAT and below. But, if the coin moves toward the upper boundary of the channel, it could hit the potential resistance at 1100 SAT and above.
Meanwhile, @holdersignals shared an analysis with his followers on X (formerly Twitter), indicating that $XRP is gearing up for a significant upward move towards the $1 mark. The cryptocurrency appears to be gaining momentum, suggesting that a bullish breakout could be on the horizon. 🚀🔥
$XRP is warming up for a leg up towards $1 🔥 pic.twitter.com/yWopxCvpkh
— Crypto Bull 🐂 ( Until 5th Sep 2025 ) (@holdersignals) August 24, 2024
Alternatives Ripple
The Ripple price may recover toward the resistance level of $0.700. Meanwhile, the initial break above the upper boundary of the channel could boost the price and the coin may create another high if the coin crosses above the resistance level of $0.650. Nevertheless, with just a few hours remaining until the token is launched, PlayDoge has achieved impressive sales momentum during its ongoing presale, raising over $6.2 million to date. This significant milestone reflects a strong and expanding community, even amidst the broader cryptocurrency market’s cautious environment.
PlayDoge Nears Presale Conclusion, Surpassing $6.2M Milestone
With PlayDoge’s presale nearing its conclusion and having already surpassed the $6.2 million mark, now is the perfect time to join a rapidly growing community and capitalize on this momentum. The project’s success in raising substantial funds in a cautious market speaks volumes about its potential. Don’t miss your chance to invest in PlayDoge and be part of a promising future as the project continues to gain traction and build a solid foundation for long-term growth
Visit PlayDoge
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