The news article highlights that XRP has been stuck in a consolidation phase, making it unlikely for the altcoin to reach $3.00 in the near future due to market conditions and technical indicators. The NVT Ratio suggests that XRP's network value is outpacing its transactional value, which historically leads to corrections and losses for investors. The MACD indicator presents a bearish outlook with no signs of a bullish crossover, indicating continued downward pressure on XRP. If history repeats itself, XRP may not break $3.00 until the end of February 2025, and selling pressure could potentially push the altcoin as low as $1.28. However, a shift in market sentiment and breaking the $2.73 resistance level could invalidate the bearish outlook and lead to a renewed bullish phase for XRP.



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