GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

XRP Price Prediction For March 18

The post XRP Price Prediction For March 18 appeared first on Coinpedia Fintech News

Ripple’s XRP is down by more than one percent and is currently trading at $2.30. While short-term price movements may occur, the overall trend suggests that a major upward movement is not expected at this time. Despite this, short-term bullish action may still arise, though the broader trend remains subdued.

Short-Term Bullish Price Action 

In the last few days, XRP has experienced positive price movement. On the 8-hour chart, the price recently broke above a short-term resistance zone between $2.25 and $2.30. After breaking through, XRP successfully retested this level, turning it into support. According to analyst Josh of Crypto World, this technical pattern is a positive sign, as turning resistance into support typically signals bullish price action.

In the short term, this indicates a favorable outlook for XRP, with the next major resistance levels expected between $2.65 and $2.80. However, there is also resistance around $2.50 that will need to be overcome before reaching these higher levels.

Sideways Range and Lack of Momentum 

Despite these recent bullish signs, XRP’s price has been stuck in a sideways range for the past month, moving within a narrow band. This lack of momentum in either direction is evident, and while short-term gains may occur, the overall market trend suggests caution due to the ongoing bearish divergence on the 3-day chart.

Expecting More Sideways Movement 

Given the current technical situation and the continuing bearish divergence, XRP is likely to remain in a sideways trend in the near future. Bullish momentum is unlikely unless the broader bearish divergence is addressed. Traders should monitor the short-term bullish patterns, but the overall market direction is expected to stay sideways.

Latest Press

post-thumbnail
News
4 hours ago
Mantle Price Prediction 2025, 2026 – 2030: Will MNT Price Hit $2 This Year?
The post Mantle Price Prediction 2025, 2026 – 2030: Will MNT Price Hit $2 This Year? appeared firs...
READ MORE
post-thumbnail
News
4 hours ago
Will Bitcoin Dip to $78K? BlackRock’s $40M BTC Buy Raises Questions
The post Will Bitcoin Dip to $78K? BlackRock’s $40M BTC Buy Raises Questions appeared first on Coi...
READ MORE
post-thumbnail
News
4 hours ago
Internet Computer Price Prediction 2025, 2026 – 2030: Will ICP Price Hit $20?
The post Internet Computer Price Prediction 2025, 2026 – 2030: Will ICP Price Hit $20? appeared fi...
READ MORE
default post thumbnail
News
4 hours ago
BNB Price Finds Footing After Clearing $605 Resistance Toward Higher Targets
BNB has once again demonstrated its resilience and strength by breaking through the crucial $605 res...
READ MORE
default post thumbnail
News
4 hours ago
Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming?
Ethereum is currently consolidating below the $2,000 mark, trading within a narrow range between $1,...
READ MORE
default post thumbnail
News
4 hours ago
Best Crypto to Buy as Canary Capital Files for First-Ever SUI ETF
The best crypto to buy are now shining stronger that the SEC has acknowledged the filing of the firs...
READ MORE
default post thumbnail
News
4 hours ago
XRP Puzzle: London Fund Manager Breaks Down Why Price Isn’t Rising
Banks and other global financial organizations are becoming more interested in XRP, the cryptocurren...
READ MORE
default post thumbnail
News
4 hours ago
XRP Price Breakdown below $2: Analyst Reveals Next Major Support
Crypto analyst MadWhale has raised the possibility of the XRP price experiencing a breakdown below t...
READ MORE
default post thumbnail
News
4 hours ago
Best Crypto to Buy in the Dip: 3 Coins Poised for a Strong Comeback
Looking for the best crypto to buy in the dip? Smart move.  When the crypto market takes a hit, tha...
READ MORE
default post thumbnail
News
4 hours ago
Michael Saylor’s Strategy Adds 130 BTCs in Smallest-Ever Purchase
Michael Saylor’s Strategy has acquired 130 additional Bitcoin worth $10.7 million—its smalle...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started