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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 22

  • currency-symbol XRP $ 2.12 (-1.31%) top looser
Story Highlights
  • XRP drops below $2.60, erasing weekly gains. Analysts eye $2.47 as key support, with potential rebound targets at $3.40 if bullish momentum returns.

  • XRP faces two scenarios: a completed correction leading to a rally or a deeper pullback to $2.22, $2.10, or $1.95 before recovery.

Rippleโ€™s XRP is currently down by more than two percent and is trading slightly below the $2.60 level. The coin has erased all the gains made in the last seven days and is down by more than 8%. According to analysts, the immediate support zone might be used as a foundation for a rally if the price continues to hold strong.

There are two possible scenarios for XRP’s price movements: one where it could be nearing the end of a correction, or another where it might be starting a new phase of upward movement.

The First Scenario: A Correction Almost Done?

In this scenario, XRP might have completed its correction phase and is ready to begin moving higher. After a significant price drop on February 3, the market saw a rally and a subsequent pullback. If this correction has now finished, we could see XRP start moving upwards again, potentially pushing the price to new all-time highs.

If this scenario plays out, price could expect the price to rise towards $3.40, which was the previous high point. However, this scenario will be invalid if the price falls below the critical level of $2.47 or the support zone at $2.52.

The Second Scenario: A Deeper Pullback Ahead

In the second scenario, XRP might still be in the middle of a deeper correction, and the price could fall even further before resuming its upward trend. In this case, the price might find support at levels around $2.22, $2.10, or even $1.95.

If the price breaks below $2.52, this would confirm that the price is in the midst of a deeper pullback. If this happens, we could see the price target in the $2.26 to $2.31 range before any recovery begins.

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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.

How high can XRP go in 2050?

By 2050, a single Ripple price could go as high as $418.73.

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