A crypto analyst has predicted that XRP could reach a price of $4.9 in the future, based on technical indicators and patterns. The analyst notes the formation of a bull flag pattern and the 1-Day 50 Moving Average (MA) as bullish catalysts. The consolidation phase of XRP's price action also supports the potential for a breakout. The analyst suggests that XRP could reach this price target before February 2025. Currently, XRP is trading at $2.41, and the cryptocurrency has been experiencing volatility as it attempts to recover from its previous all-time high. Despite this, XRP remains the third-largest cryptocurrency by market capitalization.
- Content Editor ( newsbtc.com )
- 2025-01-04
XRP Price Prediction To $4.9: How The 1-Day 50 MA Will Drive The Next Wave