XRP price treads water on Monday as continued to trade lower for more than a month. XRP downtrend could see a bounce back as the price hovers near the critical support zone. Technical indicators remain neutral suggesting the price might consolidate further. XRP price trades with minute gains as manages to pause further declines Expect

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XRP was created as the native token of fintech company Ripple to reduce the cost of transactions in cryptocurrencies and to act as an alternative mode of payment to the universal Society for Worldwide Interbank Financial Telecommunication (SWIFT). It ensures that transactions are completed within 3-5 seconds through its adoption of validators that are made up of Ripple, financial institutions, and universities. The cost of transactions on the Ripple platform using XRP is lower when compared to fees paid in doing transactions on Bitcoin and Ethereum platforms. What is XRP? XRP is the cryptocurrency token that is used on Ripple’s products such as Ripplenet and XRapid. It is open-source and runs on the XRP ledger. XRP is the only cryptocurrency that can be used in carrying out transactions on the XRP ledger, while any other cryptocurrencies can be used on Ripplenet’s platform. Transactions on the XRP ledger (XRPL) are almost instant and cost fractions of the U.S dollar. XRP was launched The XRP ledger is a decentralized public blockchain that is owned by the global developer community. Let’s see the XRP price prediction for the coming years. Price Analysis of XRP token? Flashback: Fundamental Analysis of XRP The recent ban imposed on Russia by the U.S and the European allies that would remove it from operating with SWIFT has increased the price of XRP by over 10% in less than 72 hours since XRP enables users to carry out cross border remittance within seconds through its XRapid product and Ripplenet platforms. Also, Ripple entered into a partnership with Modulr Technology, a leading payment platform in the U.K and Europe. This will help in ensuring seamless transactions to their customers with the XRP token. One of its subsidiaries, Trust Payments is a major beneficiary of the deal. In another partnership news, XRP parent company Ripple, partners with the Digital Euro Association (DEA) to ensure sharing of knowledge in their plan to launch Central Bank Digital Currency (CBDC) by 2023. Furthermore, STASIS a leading provider of stablecoins has said that it would be launching its EUR stablecoin on the Ripple platform due to its low cost of transactions and speed of completion. The section below outlines the XRP price prediction for the next five years. XRP Price Prediction 2022 By the end of the first quarter of 2022, the price of XRP is expected to be at least $0.81. This price is expected to rise to about $0.9 in the second quarter and stay between $0.85 and $0.92 by the end of the second quarter. However, the price of XRP could drop to about $0.7 in the third quarter but is expected to be within a price range of $0.72 to $0.8 by the end of the third quarter. In the last quarter of 2022, the price could rise to $1 but it could end the year at a price of $0.95. XRP Price Prediction 2023 By the end of the first quarter of 2023, the price of XRP could reach $1.2. The price could plummet to $0.98 in the second quarter but is expected to stay in the range of $0.8 and $1.3 by the end of the second quarter. In the third quarter of 2023, the minimum value of XRP could be $1 while the maximum price could be $1.5. By the end of December 2023, XRP could trade at a minimum price of $1.4. XRP Price Prediction 2024 The price range of XRP in the first quarter of 2024 is between $1.35 to $1.6. By the end of the second quarter, it could at a price of $1.7. By the end of the third quarter and the fourth quarter, it could trade at a price of $1.8 and $2 respectively. XRP Price Prediction 2025 In the first quarter of 2025, XRP price could break its present all-time high price of $3.84. By the end of the second quarter, it could trade at a price of $4 at least. By the end of the third and fourth quarters, its price should be $4.2 and $5 respectively. XRP Price Prediction 2026 By the end of the first, second, third, and fourth quarter of 2026, the price of XRP should be $6, $6.5, $7, and $10 respectively. XRP Price Prediction: Market Sentiment XRP price prediction by well-known media platforms is explained in the sections below: Gov Capital According to Gov Capital, the price of XRP could reach $1.24 by February 2023 and $5.3 by February 2027. PricePredictions According to Price predictions, the price of XRP could reach $0.89 in 2022 and $2.75 by the end of 2025, and $16 by 2030. DigitalCoin According to DigitalCoin, the price of XRP could reach $0.98 by 2022, and $1.16 by 2023. By the end of 2025 and 2030, the price of XRP could reach $1.41 … Continued

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XRP price extends the sideways movement with significant losses on Thursday. XRP continues to trade below $0.80 since March begins. The price could not sustain the recent ascent of 20% and crawl inside the ‘Symmetrical triangle’ formation from February 9. XRP price trades lower with significant losses. A breakout below $0.70 inside a Symmetrical triangle

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The Ripple (XRP) price resonating in a symmetrical triangle implies a range-bound rally in its technical chart. This minor range between the $0.78 and $0.65 suggests a no-trading zone for new traders. Can bulls break the ongoing correction chain, or will sellers continue to dominate? Key points:  Descending trendline restrict the buyers attempt to minimal

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP reversed back into its oscillation range after hitting its nine-month resistance around the $1.3-mark. Thanks to this fall, the altcoin saw a long-term down-channel (white) on its daily chart. Also, it lost the vital […]

The XRP price recovery rally takes a short pause, resulting in the formation of a flag pattern. The retracement tumbled altcoin by 35%, reaching the February 24th low($30). The XRP price resonating in the falling channel is expected to recover once the buyers breach the overhead resistance.  Key technical points:  The daily-RSI slope is poised

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The XRP price displayed an impressive recovery last week, rallying to the $0.9 mark. However, the sellers mounted stiff resistance at the confluence of 200-day EMA and the rising trendline, pulling the altcoin back to $0.75 support. Under the influence of a descending triangle pattern, the sellers could lead the XRP price to $0.5. Key technical

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XRP Market Moves in Ranges – January 29The Ripple XRP/USD market moves in ranges over a couple of trading days’ sessions at a lower spot. [...]

XRP/USD Trade Experiences a Free Fall-Off – January 23In the process of extending the current bearish-dominating condition of the XRP/USD market activities, the crypto-economic trade [...]

Bullish XRP price prediction ranges from $0.9065 to $1.9617. XRP price might also reach $10 soon. XRP’s bearish market price ...

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice XRP has been on a strong downtrend since November when it hit highs of $1.34. The weeks that followed saw the $1 area lost to the bears. At press time, the $0.76 area of former […]