Data from on-chain metrics reveals that exchanges have seen an inflow of $57.55 million worth of XRP, indicating increased participation from traders and investors. Traders are betting on long positions due to bullish market sentiment, while long-term holders are selling off their holdings after accumulating during price declines. XRP is poised for a breakout from a bullish flag and pole pattern, and if it breaches resistance at $2.34, it could potentially increase by 80% to reach $4.45. The Relative Strength Index (RSI) suggests that there is room for significant growth in XRP. Currently, XRP is trading near $2.33 and has experienced an 11% rally in the past 24 hours, with increased trading volume.
- Content Editor ( coinpedia.org )
- 2025-01-02
XRP Price Prediction for January 2