XRP Price Prediction: Short-Term Recovery Targeting $1.50

XRP has been on a bit of a rollercoaster lately, just like the rest of the cryptocurrency market. After hitting a high of $1.63 on Saturday, it’s now trading at $1.35. That $1.50 mark seems to be a tough nut to crack on the way to $2.

But there might be some hope on the horizon. The trading volume has been dropping over the last 24 hours, which could help slow down the decline in XRP’s price. Plus, the exchange reserve of XRP has been decreasing, which means there might be less selling pressure.

In terms of predictions, if XRP can get back to $1.400, it could spark a 10% increase from its current level. The momentum seems to be in favor of the buyers, with $1.400 as the first resistance level. If things turn bearish, the price might find support at $1.345 or even drop to $1.29.

So, while things might be a bit uncertain right now, there’s still hope for XRP to bounce back in the near future. Stay tuned for more updates on this crypto rollercoaster ride!