XRP Price Prediction For February 3
Today’s cryptocurrency market is already in a red state, including the price of major coins including Bitcoin. XRP has the highest hit rate, and its price has decreased by more than 20 % in the past 24 hours. At present, the price has fallen to its previous key support level of $ 2.52, and the current transaction price is $ 2.41.
If the price continues to fall, there may be $ 2.32 for testing. The rest time below $ 2.32 will confirm more prospects for loser, which indicates that the previous miniature “one or two” settings are invalid. At present, the larger model is still intact, but the market shows increasing pressure. The depth of this decline is still uncertain, and the response to the market in the next few days to the reaction of these new support levels in the next few days.
Waiting for confirmation
In order to confirm the reversal, XRP needs to surpass the nearest 3.15 US dollar high. In addition, breakthroughs are higher than $ 2.89 (golden ratio level) may marked the beginning of the rise and breakthrough. At present, the market is still in a correction stage, but it is in areas where potential lows may be formed.
The larger range and the next support level
XRP remains in a large side range, with a range of $ 1.96 (from the previous breakthrough point since 2021) and $ 3.40. If the market continues to decline, the next key support level is US $ 2.23 (100 % of the immediately decrease), a decrease of US $ 1.96 and $ 1.23.
Overall, market pressure is currently linked, but the Bulls still have the opportunity to intervene. As Bitcoin reaches its downlink target, the market may see the reversal next week. However, it has not yet determined the low position, so it is important to maintain patience and monitoring further development.
