XRP Price Prediction For January 30
Ripple’s XRP has now entered the green area and the price is now breaking the level of $ 3.20. As long as the XRP is held above the level 3 height, the current bullish scene is still reasonable, hoping to move towards the upside space. Although the main situation is optimistic, the market may still be in the stage of correction.
In the short term XRP shows a strong response to support, and is currently in the pullback stage. After increasing the support area by 20 %, the price encountered a small callback. The potential for monitoring micro -level support and price continues to move towards the upward trajectory is important.
Micro -support level:
$ 2.76 -$ 2.97: These are the direct support levels of the current callback. Ideally, XRP must not exceed $ 2.76 in the short term to maintain the prospect of viewing. If the price has a higher low in this range, it will marked the continuation of the bullish trend.
Rising target goals: breakthrough and bullish continuation
If the recovery holding and price support at a level of $ 2.76, the price may lead to potential breakthroughs. The following price goals are essential for confirmation of the continuation of the bullish trend:
Resistance and target level:
$ 3.40: Breakthroughs exceeding this level will be a key signal to further rise. This level has proven to be an important resistance in the recent price action.
$ 3.42: This level represents the 138 % retrospective of the previous wave and acts as a vital resistance point.
$ 4.20: The next Fibona’s resistance level is higher than $ 3.40. The successful breakthrough of more than $ 3.40 may allow XRP to test this level.
$ 5.00: The final goal of XRP is based on a larger Fibonacci expansion. If the momentum of the bullish continues, $ 5.00 may be the next main goal of the rise.
