XRP Price Prediction For February 22
Ripple’s XRP is currently down more than 2%, trading just below $2.60. The coin eliminates all gains in the past seven days and has dropped by more than 8%. According to analysts If prices continue to remain strong, the direct support zone can be used as the basis for the gathering.
There are two possible scenarios for price changes in XRP: one may be nearing the end of the correction, or the other may be starting a new phase of moving upwards.
The first case: Almost corrected?
In this case, XRP may have completed its correction phase and is ready to start a higher movement. The market saw a rally and subsequent pullback after a sharp drop in prices on February 3. If this correction is done, we can see that XRP starts moving up again, potentially pushing the price to a new climax.
If this occurs, the price may be expected to rise to $3.40, which is the previous high. However, this will be invalid if the price is below the key level of $2.47 or the support zone is $2.52.
The second case: deeper callbacks
In the second case, XRP may still be in a deeper correction and the price may drop further before it resumes its uptrend. In this case, the price may find support at the $2.22, $2.10, or even $1.95 levels.
If the price drops below $2.52, this will confirm that the price is in a deeper pullback. If this happens, we can see the price target between $2.26 and $2.31 before any recovery begins.
