XRP Price Prediction as $1.3 Billion Comes In – $10 XRP Possible in 2024?

cryptonews.com:

The XRP price has risen by 1% in the past 24 hours, reaching $0.546 again as the crypto market enjoys a 2% gain today.

XRP is now down by close to 1% in a week but boasts a 6.5% rise in a fortnight and an 8% increase in the last 30 days.

Its increase today comes as its 24-hour trading volume climbs to $1.3 billion, which is basically double where it was at the start of the week.

This signals a growth in momentum and buying pressure that may continue into the weekend, pushing XRP closer towards $1.

Today sees XRP’s indicators in an intermediate position, with the coin equally capable of further rises or falls.

Its relative strength index (purple), for example, had dropped close to 50 in recent days, down from 60 at the start of the week.

This suggests a loss of momentum, as does the flattening of its 30-day average (yellow), which recently looked like it might be able to overtake its 200-day average (blue).

However, both indicators have struggled in recent days, with XRP being part of a small market-wide dip at the start of this week.

XRP’s trading volume has also more or less doubled over the past few days, although some of this likely relates to selling by whales (see below).