XRP Price Prediction – Will Recent Correction Trend Push XRP Under $0.50?

Sep 26, 2023 06:00 am Cryptocurrency 88
XRP Price Prediction – Will Recent Correction Trend Push XRP Under $0.50?

Ripple’s token price is holding gains above $0.50 against the US Dollar. XRP price could take a hit if it fails to recover above $0.512.


  • Ripple’s token price is attempting a fresh increase above $0.508 and $0.512 against the US dollar.

  • The price is now trading above $0.500 and the 100 simple moving average (4 hours).

  • There is a major contracting triangle forming with resistance near $0.505 on the 4-hour chart of the XRP/USD pair (data source from Kraken).

  • The pair might gain bullish momentum if there is a close above $0.512.

    • Ripple’s Token Price Holds Key Support


    In the last XRP price prediction, we discussed the chances of more gains in Ripple’s XRP against the US Dollar. The price did climb above the $0.515 resistance level, but upsides were limited, like Bitcoin and Ethereum.


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