XRP Price Prediction: Potential Targets and Key Levels to Watch
If the momentum of the Relative Strength Index (RSI) continues to improve, currently at 48.3 after bouncing from oversold levels, and bullish investors are able to push the price above the $3.07 resistance, the next upside target is at $3.20. In fact, the long-term target could reach $3.45 if ETF speculation intensifies.
However, the weakening of spot trading activity remains a major risk factor. With many leveraged positions, negative macro catalysts can trigger massive liquidation, potentially dragging XRP back to the $2.70 support. If this level breaks, a sharp correction towards $2.50 cannot be ruled out.
With the RSI at a moderate level and lack of support from the spot market demand, XRP is expected to move within a limited range below $3 until new catalysts emerge. However, high leverage positions over the weekend confirm the potential for sharp movements in the near future.
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