Despite the overall bearish market trend, Ripple’s (XRP) price has shown strength. Ripple has set an unprecedented record in its transactions on Binance, fueling hopes for a new upward trend. Currently, Bitcoin is trading below $96,000, indicating a general bearish market trend. However, some analysts believe that with the return of bullish sentiments, the price of XRP could reach $4. In this regard, a cryptocurrency analyst has predicted that after the recent corrective phase, the upward trend of XRP price will continue. The current price of Ripple is $2.20, and a rebuy zone at $1.9280 is recognized as a suitable entry point. The analyst has also identified the next resistance level at $4 and forecasted a price increase. According to these analyses, the $1.92 support level can play a key role in the upward trend, and buying pressure from this level can drive the price to higher levels. Reports indicate that Ripple’s price reached $2.20 in December 2024, accompanied by over 2 million transactions on Binance. This volume of activity reflects investors’ high confidence in XRP. Experts believe that an increase in transaction flow on exchanges often precedes significant price movements. Overall, despite bearish pressure in the market, XRP has remained resistant to sharp price declines, with strong support on Binance indicating a significant possibility of an upward trend. The token has maintained its potential for further growth, and investors are now awaiting price retracements at key support levels. On the real-time digital currency price page, you can monitor the prices of all tokens and cryptocurrencies live and in real-time.
