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๏ปฟAnjali Belgaumkar
๏ปฟAnjali Belgaumkar
Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โEnthusiastโ but trust me I'm getting there.
- Feb 10, 2025 05:04 UTC
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XRP Price Prediction For February 10
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XRP $ 2.14 (3.65%) 
XRP struggles to break resistance at $2.51-$2.72, with bears in control as the price corrects after a recent rally.
XRP remains range-bound; a breakout is expected soon, with key support at $2.11 and resistance at $2.80.
XRP has been relatively quiet over the weekend, with little sign of a strong breakout. While the broader crypto market remains volatile, XRP is currently in a corrective phase, and thereโs no clear indication of a major move upward for now. The price is stuck within a narrow range, with support and resistance levels dictating its short-term direction. At the time of writing, XRP is down by more than three percent and is trading at $2.39.
XRP Faces Resistance at Key Levels
The most critical resistance level for XRP is between $2.51 and $2.72, which represents the 50% to 88.7% retracement area. For bulls to regain control and start pushing prices higher, they need to break above this zone. As of now, itโs the bears who seem to dominate, as the price is correcting after a previous rally that saw XRP rise from a low of around $2.10 to a high of $2.80.
This correction, while expected, suggests that the bears are currently in charge, pushing the price lower. The latest bounce from the 50% retracement level appears corrective, indicating that the upward move might not be sustainable just yet.
- Also Read :
- Time to Buy XRP? Expert Reveals Key Insights
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Potential Scenarios for XRP: A Range-Bound Market
XRP is currently stuck within a defined range, and for now, support levels established over the weekend remain in play. This support, which was defined at key Fibonacci levels, has held strong so far. However, this consolidation phase canโt last forever. A breakout, either to the upside or downside, is expected soon. If the bulls can push past the resistance at $2.80, the next target would be a breakout above the Monday high, which could indicate that the corrective phase is over and a new rally could begin.
However, the current trend points toward the possibility of another dip, potentially down to $2.11 or even $1.95 before any further upward momentum.
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FAQs
XRP is currently in a corrective phase, with resistance at $2.51-$2.72. A breakout above $2.80 may signal a buy, while further dips suggest caution.
XRP’s next move depends on breaking resistance at $2.80. If bulls gain momentum, a rally could begin, but another dip to $2.11 remains possible.
If XRP breaks past $2.80 and sustains momentum, it could challenge the $3 mark, but key resistance levels must be overcome first.
XRP is down due to bearish pressure, profit-taking, and resistance at $2.51-$2.72, preventing further upside momentum.
Yes 
No 
