CandleFocus XRP price prediction for February 28, according to historical returns
2025-02-12
Author: Content Editor
This news article discusses the historical returns and price patterns of Ripple's XRP cryptocurrency in the month of February. It notes that historically, February has been a negative month for XRP, with average losses of 4.59% and a median return of -8.12%. However, there have been some outliers, such as 2022 and 2016, where XRP saw significant gains. The article predicts that based on historical returns and the opening price of $3.03 on February 1, XRP could trade between $2.78 and $2.89 by February 28. It also mentions that uncertainties related to macroeconomic dynamics and the dumping of 300 million XRP by Ripple could impact the price. Currently, XRP is trading at $2.42.
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