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  • ๏ปฟAnjali Belgaumkar
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    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 โ€œEnthusiastโ€ but trust me I'm getting there.

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XRP Price Prediction For February 18

  • currency-symbol XRP $ 2.18 (6.13%) top gainer
Story Highlights
  • XRP faces resistance at $2.79 as it tests key support zones, with a potential pullback if price drops below $2.58.

  • XRP rallies 8% in 7 days, but bearish divergence could lead to pullback. Watch key levels for signs of upward continuation.

Rippleโ€™s XRP is currently down by more than two percent and is testing levels below $2.70. However, in the last seven days, XRP is up by more than 8%. As of now, XRP is testing a previous resistance zone between $2.58 and $2.73. After a significant rally from the February low, the price has struggled to break past the $2.79 level.

This is a crucial area to watch because if XRP can flip this resistance into support, it would signal a potential continuation upward. However, the price is still in the testing phase, and it has not yet confirmed this as a solid support level.

Key Support and Resistance Levels

If the price fails to maintain this level and closes below $2.58 on the daily chart, the breakout attempt will be considered unsuccessful. In that case, XRP could move back toward the next major support zone between $2.25 and $2.30, which was significant support previously. Below that, additional support is available further down, but these levels need to be closely monitored.

The next significant resistance lies at $2.79, and if breached, it could signal a potential continuation towards $3. However, as long as XRP stays below $2.79, the price action is likely to remain under downward pressure.

Bearish Divergence

Currently, there is a larger bearish divergence on the daily chart, which is also visible on the 3-day chart. This bearish divergence is still in play, and if XRP drops below $2.58, it will likely continue, leading to a price pullback toward the next support area.

Short-Term Pullback

The recent short-term pullback in XRP’s price can be attributed to this bearish divergence. Since higher highs were seen in the price while the RSI showed lower highs, a bearish divergence formed. This typically leads to a pullback or sideways price action.

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FAQs

Is XRP Expected to Skyrocket?

While XRP has seen an 8% gain in a week, a breakout above $2.79 is needed for potential upward movement towards $3.

How much will XRP be worth by the end of 2025?

XRP might reach a high of $3.99 with an average of $3.07.

How much would the price of Ripple be in 2040?

As per our XRP price prediction 2040, Ripple could reach a maximum price of $148.37.

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