News View Non-AMP

XRP Price Prediction For January 11

Published by
Anjali Belgaumkar

XRP has been showing resilience, holding up well despite the ongoing market correction. Although the short-term price action appears messy, it’s important to understand that XRP is currently experiencing a local pullback within a broader corrective phase. While the market is consolidating, this creates an interesting scenario for possible future moves.

Triangle Pattern Nearing Completion

The key chart development for XRP is the triangle pattern that has been in play since December 3. After more than a month of price action, the pattern could soon complete, triggering a price move. Whether this breakout is to the upside or downside remains to be seen, but the next move could happen at any moment.

Short-Term Price Action and Key Levels

In a bullish scenario, XRP could see an upside breakout. However, it may still dip lower before completing the triangle pattern. On the other hand, the bearish scenario suggests a deeper pullback before confirming a breakdown. While a move down looks more like a corrective pullback, it could still present an opportunity for consolidation before an upside breakout.

Key Support and Invalidation Levels

The critical support area to watch lies between $2.29 and $2.23. If XRP breaks below $2.29, it could test the key invalidation level at $1.96, which corresponds to the swing low from December 20. At the time of writing, XRP is trading at $2.33 level and is up by more than two percent in the last 24 hours.

Fibonacci Levels to Watch

Before testing the $1.96 level, XRP must navigate several key Fibonacci levels. These levels, between $2.23 and $2.24, are important to watch for signs of a potential bounce or further decline. A strong reaction at these levels would provide more clarity on whether XRP is setting up for a breakout or breakdown.

Breakout Confirmation Levels

For an upside breakout, XRP needs to break above the green line at $2.50. This would be the first confirmation level of a breakout. However, to fully confirm the breakout, XRP must surpass the high of the D-wave.

FAQs

How much will the XRP price be in 2050?

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

How much would the price of Ripple be in 2040?

As per our latest XRP price analysis, the Ripple could reach a maximum price of $148.37.

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.

Anjali Belgaumkar

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 “Enthusiast” but trust me I'm getting there.

Recent Posts

Stablecoins Associated with First Digital Trust (FDT) Temporarily Depegs as Justin Sun Warns of Company’s Insolvency

In a surprising turn of events, Justin Sun, a prominent figure within the Tron (TRX)…

April 2, 2025

Trump Tariffs Live: Bitcoin Price Rallies To $87000 On ‘Liberation Day’

Cryptocurrency markets are experiencing fluctuations as traders brace for President Donald Trump's "Liberation Day" announcement,…

April 2, 2025

Grayscale Announces Launch of Two New Bitcoin ETFs: Here’s What They Are

Grayscale, a leading crypto asset manager, has introduced two new Bitcoin ETFs, offering a fresh…

April 2, 2025

Remember This Name! Remittix Presale Becomes the Top Predicted of 2025 as Project Raises Almost $15M in Record Time

In a year marked by conservatism and a sentiment shift in crypto, one name is…

April 2, 2025

Has Elon Musk Forgotten About Dogecoin (DOGE)?

Particularly for Dogecoin (DOGE), Elon Musk, the billionaire entrepreneur CEO of Tesla and SpaceX, has…

April 2, 2025

Shiba Inu Drops 9%, but RUVI AI’s (RUVI) Token Might Be the Meme Coin Killer as Investors Rush to Claim their Bonus

The cryptocurrency market is no stranger to ups and downs, and this week, Shiba Inu…

April 2, 2025