News
  • ๏ปฟAnjali Belgaumkar
    author-profile

    ๏ปฟAnjali Belgaumkar right arrow

    Author

    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.

    • author twitter
    • linkedin

  • 1 minute read

XRP Price Prediction For January 24

  • currency-symbol XRP $ 2.14 (0.77%) top gainer
Story Highlights
  • XRP targets $4.20, $5, and $6.60 if $3.40 holds; support levels at $2.52 and $2.32 crucial for bullish momentum.

  • Key levels at $2.52 and $3.40 could signal a bullish breakout or further consolidation for XRP.

XRPโ€™s price continues to move within a correction phase, showing signs of consolidation. While thereโ€™s some short-term uncertainty, the overall market sentiment remains bullish, suggesting that XRP could be gearing up for a bullish rally if key levels hold. XRP has erased the gains made in the last seven days and is currently down by more than four percent on the weekly chart. At the time of writing, XRP is trading at $3.17 and is aiming to rise above the $3.20 levels.

Price Targets and Bullish Outlook

XRP is currently moving through a complex correction, but long-term bullish expectations remain in place. If XRP can break above the critical level of $3.40, it could target $4.20 next, with $5 and $6.60 also in play as potential future price levels. These targets align with key Fibonacci extensions and are seen as crucial milestones in the coming weeks.

The immediate focus will be on the breakout above $3.40, which would signal further upside potential for the token.

Support Levels and Potential Pullbacks

In the short-term, XRP faces important support levels. The $2.52 to $2.94 range is critical for the price to stay above in order to maintain bullish expectations. If the price dips below $2.52, the chances for further upward momentum may diminish. A break below $2.32 would weaken the bullish case, signaling a possible larger correction.

What to Watch for in the Coming Days

The key levels to focus on are the $2.52 and $3.40 ranges. A sustained movement above $3.40 could confirm the start of a bullish rally, pushing XRP toward $4.20 and eventually higher targets. On the flip side, if XRP struggles to hold above the critical support levels, further consolidation or a short-term pullback could occur.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

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 latest XRP price analysis, the Ripple could reach a maximum price of $148.37

How much will the XRP price be in 2050?

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

Show More

Related Articles

Back to top button