XRP is currently at a critical point, trading around $3, and traders are divided on its future direction. Myriad users predict a 63.7% chance that XRP could reach $4, while 36.3% foresee a drop to $2 or below. Technically, XRP’s Relative Strength Index (RSI) sits at 48, suggesting market equilibrium, while the Average Directional Index (ADX) at 28 indicates a strong trend may continue. The 50-day Exponential Moving Average (EMA) being above the 200-day EMA is viewed as bullish for the short term. However, large sales from whale accounts raise concerns about a potential downturn. Analysts note that if XRP falls below the $2.80 support level, bullish trends could falter. Conversely, breaking past $3.30 could lead to a swift move towards $4. The outlook remains cautiously optimistic, with significant monthly inflows to exchanges and a favorable legal environment following the end of the SEC-Ripple case. Overall, while short-term volatility is expected, bullish indicators give XRP a slight edge towards upward movement, contingent on market catalysts.

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