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Home»Bitcoin»Price prediction XRP – Evaluate if Altcoin can stay above $ 2?
Bitcoin

Price prediction XRP – Evaluate if Altcoin can stay above $ 2?

March 7, 2025No Comments3 Mins Read
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  • The open interest of XRP increased by 5.63%, it dropped after an internal liquidity scanning on the purchase side.
  • The increase in the price of XRP is motivated by leverage positions, signaling a high risk on the market.

The Ripple Price Table (XRP) has shown a volatile market, the price recently oscillating around the $ 2.50 level, marking liquidity points on the internal and purchase internal sale.

Liquidity sweeping often precede major movements, as observed when XRP dropped after the liquidity of purchase ran into the $ 3.00 zone.

In particular, aFTER reaching a peak of $ 3.38, Ripple fell at its current level of around $ 2.50.

This drop is supported by MacD fluctuations, which indicate the convergence towards the zero line, reflecting the indecision of the momentum of the market.

XRP price trendXRP price trend

Source: tradingView

Recent decreased trends and the MacD moving in a negative territory suggest a high probability of dropping XRP below $ 2, indicating the increase in the amount of lower movement.

Ventilation via the liquidity of sale of internal XRP of $ 1.96 can cause an additional drop, and this orders the sellers to further reduce sales. Conversely, trade above this level in the longer term can eliminate short-term lower biases and underlie the price.

Overall, caution remains in tone and feeling, and positioning can emerge for deeper slides if gigantic supports are broken.

How could the positions deposited by XRP feed a drop?

The analysis of open interest (OI) provides information on the reasons why the Ripple price could decrease, according to cryptocurrency analyst Ja Maartunn.

XRP’s OI increased by 5.63%, which often results in price movements pulled by leverage in the market.

When open interests increase, it introduces greater market risk due to the influence of leverages. Historically, changes in open interests have caused significant price volatility, leading to fluctuations in upward and downward directions.

This model suggests that the recent increase in the OC could potentially trigger another significant price movement soon.

Ripple XRP OI TrendyRipple XRP OI Trendy

Source: cryptocurrency

The proximity of daily prices and percentage movements in open interests has demonstrated the effect of leverage on market action. In the wake of these analyzes, a whale transferred 60 million Xrp worth around $ 156 million from one unknown portfolio to another.

As the lever effect increases, the probability of extreme price reversals increases, which increases the risk of decreased decrease if the feeling becomes negative.

On the other hand, a favorable price action and a sustained positive dynamic can cause significant profits for merchants.

However, the lever effect trade remains intrinsically risky, requiring cautious investments due to the high possibility of rapid market reversals.

Next: Us Bockpiling Bitcoin-What happens to BTC’s offer now?



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