News View Non-AMP

XRP Price Prediction For March 4

Published by
Anjali Belgaumkar

Ripple’s XRP is currently down by more than 18% and is trading at $2.30 levels. The broader market sentiment has turned red after a brief rally which saw Bitcoin hitting $95k. According to analyst Josh of Crypto World, XRP is following the trends of Bitcoin and the broader stock market. After a short-term price pump, XRP recently experienced a pullback, particularly after briefly breaking above the resistance zone between $2.65 and $2.80. However, the price is now back below this level, 

Key Support and Resistance Levels

The next important support zone for XRP lies between $2.25 and $2.30. If the price bounces here, there could be a short-term recovery. However, if it breaks below $2.25, a further drop towards $2 or even the $1.95-$2.05 range is likely. This zone will be critical for XRP in the near future.

Price Structure and Indicators

On a more positive note, there are some signs of bullish price action. XRP has formed higher highs in both price and RSI (Relative Strength Index), suggesting a possible shift toward a more bullish market structure. This makes it less likely that the current bearish divergence will continue.

Influence of Bitcoin

If Bitcoin continues its sideways movement or further declines, XRP may mirror these actions. It’s likely that XRP will experience some consolidation in the short term before making a bigger move.

Short-Term Indicators and Overbought Conditions

XRP recently showed an oversold signal, which led to a short-term bounce. Now, the RSI is indicating overbought conditions, suggesting a pullback could be on the horizon. Historically, XRP has shown price pullbacks after such overbought signals, and this time may be no different. However, the RSI is now resetting to more neutral levels, which may indicate a pause in the current bearish price action.

FAQs

Why is XRP price dropping today?

XRP is down 18% due to Bitcoin’s pullback, stock market trends, and overbought RSI conditions signaling a possible correction.

How does Bitcoin affect XRP’s price?

XRP closely follows Bitcoin’s trends. If BTC consolidates or declines, XRP may do the same. A BTC rally could support XRP’s recovery.

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.

How high can XRP go in 2050?

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

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

FXGuys Presale 2025: The Ethereum Alternative Breaking Out During the Crypto Presale Boom

Are you looking for a digital asset with the features to deliver huge profits during…

April 29, 2025

Investors Flock to Bitcoin Solaris as Solana-Powered Token Aims to Replicate Bitcoin’s Historic Rise

Momentum is building fast around Bitcoin Solaris, and for many in the crypto space, it…

April 29, 2025

Terra Luna Repayment: How to File Your Claim Before May 16

The collapse of Terra USD and Luna coins left countless investors in turmoil. Now, as…

April 29, 2025

Celsius Founder Faces 20 Years in Prison; Token Price Soars 70%

Former Celsius Network CEO Alexander Mashinsky is facing a recommended sentence of at least 20…

April 29, 2025

Top 10 Altcoins to Look Up in May- BONK, XMR, SEI, TAO & a Few More May Lead the AltSeason

The crypto markets are following a range-bound consolidation after the latest upswing, which suggests the…

April 29, 2025

Pi Network Pushes Global Utility Despite Bearish Price Trend: Is $0.55 Next?

Pi Coin is under pressure, currently trading just below $0.60 after dropping over 4% in…

April 29, 2025