Key Support Holds, $2 Next?

Changelly
Coinbase


Author

Ahmed Barakat

Author

Ahmed BarakatVerified

Phemex

Part of the Team Since

Mar 2024

About Author

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.


Fact Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial TeamVerified

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

Last updated: 

XRP is trading near $1.31, up 1.4% over 24 hours, but that bounce has not yet reversed the lower-high structure. The immediate test is whether buyers can defend the $1.24–$1.32 demand zone and reclaim resistance, or whether support gives way before a run toward $2 becomes plausible. Here’s our XRP price prediction.

Our analyst places XRP inside that demand zone after a failed rebound near $1.40. Consecutive bearish daily candles have put sellers in control. The chart tells the story; the support response is the next piece of evidence to watch.

XRP trades near $1.31 as buyers test demand. XRP key support, resistance, price prediction, and $2 catalysts.

A correction weighed on crypto markets on October 18, with XRP down 1.80% alongside other major assets. XRP’s subsequent rebound, alongside Bitcoin’s, points to short-term stabilization. But for now, these levels below matter more than the bounce.

Earn $50 and Enter $300K Prize Draw on EdgeX

XRP Price Prediction: Can XRP Hit $2 After Reclaiming $1.40?

At $1.31, XRP is testing the upper portion of the $1.24–$1.32 demand zone. Selling pressure remains a concern as cumulative XRP volume delta selling near $2 billion across tracked markets, a sign that aggressive sell flow has persisted.

First, buyers need to hold the zone and reclaim $1.32. The next hurdles are $1.38, near the 200-day moving average, and $1.40. A sustained daily close above $1.38–$1.40 would improve the breakout case; it would still leave $1.60 and the $1.80–$2.00 resistance region ahead.

Our prior XRP price analysis also identifies the $1.36–$1.37 retest and $1.45 reclaim as relevant thresholds. A move to $2 is possible, but it is not the next unimpeded step.

Base case: consolidation around demand until price proves otherwise. Bull case: a hold, followed by a sustained reclaim of $1.40, opens a test of higher resistance. Bear case: a break below $1.24 weakens the September base; a move under $1.20 would raise downside risk toward $1.00 and lower supports.

Which signal arrives first? For now, the support test, not the $2 target, sets the trade.

Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

Maxi Doge Targets Early-Mover Interest as XRP Tests Support

XRP’s rebound offers some relief, but the structure remains fragile and the route to $2 runs through several resistance levels. That leaves a clear gap between a support bounce and a confirmed trend reversal. For traders looking beyond a large-cap setup, early-stage tokens offer a different risk profile.

Maxi Doge ($MAXI) is an Ethereum ERC-20 meme token and trading community built around a 240-lb canine juggernaut and “1000x leverage” trading culture. Its current price is $0.0002845, and the presale has raised $4.8 million. Staking is also being offered at a huge 60% APY reward.

Holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury for liquidity and partnerships are among its stated features.

Research Maxi Doge and review the terms before the presale ends.

Discover: The Best Token Presales




Source link

Coinbase

Be the first to comment

Leave a Reply

Your email address will not be published.


*