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XRP Price Prediction For March 6

Published by
Anjali Belgaumkar

XRP has been experiencing fluctuating price action recently. Currently trading at around $2.50, XRP saw a major drop after an initial price spike. However, it’s now back on an upward trajectory, hinting at a potential bullish trend. This movement suggests that XRP is following a slow, steady climb, with hopes of developing into a larger upward pattern. Analysts are watching for the possibility of an extended bull run, similar to what occurred in 2021.

Since the U.S. election, XRP has surged by 375%. The altcoin is significantly outperforming the broader market, with increasing interest from new buyers, as active XRP wallets have jumped by 620% in the past week.

The market’s fear and greed index is improving, moving up to 30, signaling a shift toward a more optimistic outlook. Bitcoin dominance remains steady at 60%, and the overall market cap has risen to $3 trillion, with altcoins also gaining momentum.

Bearish Divergence on 3-Day Chart

According to analyst Josh of Crypto World, XRP continues to show a bearish divergence on the 3-day timeframe. This suggests that while short-term movements may fluctuate, we shouldn’t expect any major bullish momentum similar to the rise seen in November last year.

XRP is bouncing from a key support area between $2.25 to $2.30. The next resistance levels to watch are between $2.65 and $2.80, with additional resistance at $3 and $3.20.

RSI Indicators and Market Movement

The RSI (Relative Strength Index) has recently bounced into overbought territory, but has since reset after a pullback. At the moment, the RSI is neutral, which suggests that XRP’s price may remain in a sideways range for the short term. If Bitcoin and other major altcoins stay neutral, XRP is likely to follow suit with some choppy price action.

FAQs

Why XRP price is going up today?

XRP price today is going up amid the broader market’s optimism, and it being included in the U.S. Crypto Reserve.

How high can XRP go in 2025?

XRP might reach a high of $5.81 with an average of $4.89.

What is the XRP price prediction for 2030?

By 2030, XRP may trade between $16.92 and $26.97, driven by institutional adoption, CBDC development, and Ripple’s expansion in global payments.

What is the XRP price prediction for 2040?

XRP’s price could hit $178.82 by 2040, assuming widespread adoption, strong regulatory support, and Ripple’s continued dominance in cross-border payments.

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.

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