CandleFocus

Analyst Predicts Bearish XRP Target in Next 24 Hours as Price Breaks Down on Hourly Timeframe

Analyst Predicts Bearish XRP Target in Next 24 Hours as Price Breaks Down on Hourly Timeframe
The fourth-largest cryptocurrency, XRP, recently broke below the $2.00 support level, experiencing a 10% drop in the past 24 hours. It has corrected 25% and 36% in the weekly and monthly timeframes, erasing its gains from January. Analysts predict that XRP will continue to decline and could reach a target of around $1.80 in the next 24 hours. However, there are also bullish speculations that suggest XRP could rebound and reach new all-time highs, with price targets ranging from $4.3 to $10,000. Currently, XRP is trading at $2.0249, down 8% in the past 24 hours.

Related News