{"id":47937,"date":"2025-02-26T14:27:16","date_gmt":"2025-02-26T14:27:16","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=47937"},"modified":"2025-02-26T14:27:16","modified_gmt":"2025-02-26T14:27:16","slug":"ripple-price-analysis-is-xrp-doomed-to-drop-below-2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=47937","title":{"rendered":"Ripple Price Analysis: Is XRP Doomed to Drop Below $2?"},"content":{"rendered":"

Ripple\u2019s price has been consolidating in a specific range over the past few months despite the substantial volatility experienced in the past few days.<\/p>\n

However, as things stand, it could only be a matter of time for another big move to taka place.<\/p>\n

By Edris Derakhshi (TradingRage)<\/a><\/p>\n

The USDT Paired Chart<\/h3>\n

On the daily chart of the XRP\/USDT pair, the price has been moving sideways over the recent months after failing to continue above the $3 resistance level.<\/p>\n

Currently, it seems likely that the market will drop lower toward the 200-day moving average, which is located around the $1.5 mark, before continuing higher. Yet, if the $2 level holds and prevents such a deep correction, a much quicker move toward the $3 level and even higher could be expected.<\/a><\/p>\n

The BTC Paired Chart<\/h3>\n

The XRP\/BTC pair\u2019s chart shows almost a similar picture in terms of the daily timeframe, as the passet rice has been consolidating since December last year.<\/p>\n

Meanwhile, the price action seems more bullish for Ripple against Bitcoin, as it has not created a definitive lower low yet, and could still climb higher above the 3,000 SAT mark and even toward the 4,000 SAT level in the coming weeks.<\/a><\/p>\n

\u00a0<\/p>\n

The post Ripple Price Analysis: Is XRP Doomed to Drop Below $2?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Ripple\u2019s price has been consolidating in a specific range over the past few months despite the substantial volatility experienced in the past few days. However, as things stand, it could only be a matter of time for another big move to taka place. By Edris Derakhshi (TradingRage) The USDT Paired Chart On the daily chart […]<\/p>\n","protected":false},"author":0,"featured_media":47938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-47937","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/47937"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47937"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/47937\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/47938"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47937"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47937"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47937"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}