Convergence

bullish

Divergence

<p>With a strong bullish recovery, the XRP price has added 6.83% to its portfolio in 24 hours. Moreover, the Ripple token is trading at a discount of only 38.89% from its ATH of $3.84, which was recorded on 04th January 2018. Notably, it has surged over 300% in 30 days.</p>   
<p>Considering the present market sentiments, let’s find out the possible short-term possibilities of the 04th largest cryptocurrency by market capitalization.</p>   
<h2 class="wp-block-heading" id="h-xrp-price-records-increased-price-volatility">XRP Price Records Increased Price Volatility!</h2>   
<p>The Ripple price has experienced a strong bullish recovery after trading under a negative influence for 2 consecutive days. Further, with a market cap of $134.55 billion, this altcoin has currently secured the 04th position.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/11172206/Ripple-Price-Analysis-11th-December-2024-1024x540.webp" alt="Ripple Price Records Increased Price Volatility!" class="wp-image-391876">
 <figcaption class="wp-element-caption">
  TradingView: XRP/USDT
 </figcaption>
</figure>   
<p>The <a href="https://coinpedia.org/traders/moving-average-convergence-divergence-macd/" target="_blank" rel="noreferrer noopener">Moving Average Convergence Divergence</a> (MACD) shows a rising red histogram with its averages showing a bearish convergence in the daily time frame. This highlights an increase in the selling pressure for the altcoin in the crypto space.</p>   
<p>On the other hand, the <a href="https://coinpedia.org/traders/what-is-moving-average-indicator/" target="_blank" rel="noreferrer noopener">Simple Moving Average</a> (SMA) records a negative curve in the XRP price chart, indicating a negative outlook for the altcoin in the upcoming time.</p>   [post_titles_links postid="391929"]   
<h2 class="wp-block-heading" id="h-will-xrp-price-hit-3">Will XRP Price Hit $3?</h2>   
<p>If the bulls regain momentum, the XRP coin price will retest its resistance level of $2.50. Maintaining its price above that level could push the price of this altcoin toward its new 52-week high this month.</p>   
<p>On the flip side, if the bears gain power, the Ripple token could drop to its support level of $2.25. If the bulls fail to regain momentum at that point, it could plunge toward its low of $2.</p>   
<p class="has-background" style="background-color:#e9f0ff"><strong>To find out when will Ripple price hit a new ATH. Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP Price Prediction</a>. Also, subscribe to us to stay updated on the latest cryptocurrency news!</strong></p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1733917777725">
  <strong class="schema-faq-question"><strong>Will XRP reach $20 USD?</strong></strong> 
  <p class="schema-faq-answer">For the Ripple coin to achieve this price target, it will require a price surge of 753.38% in its valuation.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733917778579">
  <strong class="schema-faq-question"><strong>How much is XRP worth right now?</strong></strong> 
  <p class="schema-faq-answer">With an intraday change of +6.12%, the Ripple token is currently valued at $2.3436.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1733917779251">
  <strong class="schema-faq-question"><strong>What will XRP be worth in 2025?</strong></strong> 
  <p class="schema-faq-answer">If the bullish sentiment sustains, this altcoin could reach a maximum price of ~$4.00.</p> 
 </div> 
</div>

Why XRP is Going Up: Key Factors Behind Its Recent 6.83% Price Jump

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