CandleFocus XRP Price Prediction For February 1
2025-02-01
Author: Content Editor
The price of XRP has been relatively stable in recent days and has been consolidating below its recent swing high of $3.40. In order for XRP to reach new all-time highs, it will need to break through this level. Currently, XRP is consolidating just below the $3.10 mark and may be in a temporary phase before a potential breakout. In the long-term, XRP is in the midst of a fifth wave that could complete a longer-term uptrend. However, after this wave is complete, there may be a major retracement. If XRP drops below certain levels, it would indicate that a larger correction is still occurring. The market may face setbacks in breaking the all-time high, and a drop below $2.52 could suggest a larger correction is taking place.
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