CandleFocus XRP Price Prediction for October 16
2024-10-16
Author: Content Editor
According to CoinMarketCap, bulls are continuing to dominate the crypto market. The price of XRP has increased by 0.7% in the last day. On the hourly chart, XRP has broken the resistance level of $0.5450, indicating a possible upward move to the $0.56 range if buyers maintain control. On the daily timeframe, XRP is testing the $0.5524 level, and if the candle closes around or above it, there may be enough momentum for the price to reach the $0.56-$0.57 area by the end of the week. In the midterm, XRP is expected to trade sideways between $0.53 and $0.57 as neither buyers nor bears have taken control. Currently, XRP is trading at $0.5487.
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