If we deeply observe the price of Ripple (XRP), we can conclude that, especially from the past two weeks, the coin has shown mixed behavior towards its price segment and worth.
Besides this, the price of altcoin showed some recovery on November 19, 2021, after gaining 6 percent, but on the very next day, its price again fell. On November 21, the price of digital currency pushed it below the bear flag. After reaching below the bear flag, it showed the threat for the continuation of lower prices.
Furthermore, Ripple is in extreme danger of dropping its price by 20 percent instantly. If this happens, XRP will face its last support level of 0.99 USD in a high-volume node.
Ripple (XRP) Current Market Status
At writing, XRP trades at $1.02, with a 24-hour trading volume of $3,174,419,073. However, the price of XRP has decreased by almost 2.50% in the last 24 hours. At the same time, the total Circulating Supply of XRP is almost 47.16B XRP.
Furthermore, RIPPLE is available on the following exchanges listed below., the highlighted cryptocurrencies exchanges for altcoin are as below.
- Huobi Global
Ripple (XRP) Price Analysis 2021
If we look at Ripple’s daily time frame chart, we can examine the Symmetrical Triangle Pattern. This Symmetrical Triangle Pattern shows the period of consolidation, which handles a price breakdown or breakout. But, on the other hand, in the future, it can indicate that XRP has a higher chance of going towards bullish rather than bearish.
Ripple (XRP) Price Prediction 2021
At the end of 2021, several experts and analysts have a firm belief that one XRP will trade at 1.37 USD. However, this could be possible if all things are in favor of this crypto.
While, if due to some unfamiliar situations and reasons, investors turn against the crypto, then the bears might take the lead for the coin. As a result, the bearish RIPPLE could be gone to almost $0.87.
As we mentioned in the previous part of this blog regarding its long-term price, therefore, in terms of long-term predictions, we’ll be witnessing some bullish trends of the virtual currency.
Besides this, it is also possible to surpass its ATH price of $3.84 soon. But this will only happen until and unless it breaks all its psychological resistances.
Ripple Price Prediction in a Nutshell (2021)
- XRP price prediction ranges from $1.37 to $2.62.
- XRP might trade at $10 soon.
- In terms of a bearish market, Ripple price prediction for 2021 would be $0.87.
As these predictions are based on our observations and analysis, therefore, don’t take these predictions as a piece of financial and investment advice.
Before investing in this crypto, do your research and analysis. Furthermore, always support your extra money in the field of crypto.