Coin-Turk 16 minutes ago
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Today marks a significant day for cryptocurrency enthusiasts, as weaknesses in altcoins persist from mid-December onward. Following Trump’s announcement of new tariffs, potential surprises in Producer Price Index (PPI) data, as warned by Powell, may further increase market fluctuations. This raises the question: what are the current predictions for XRP ($2.43) Coin and other altcoins?
Insights on XRP Coin
Among the largest altcoins by market capitalization, XRP Coin has seen notable gains with Trump’s victory. While it remains stable, its position is better compared to many other altcoins, which have suffered losses of up to 70% in the past 60 days.
Today, Lark Davis highlights the technical setup of XRP Coin’s chart and shares his predictions.
“XRP is currently trading within a massive flag formation. The lower part of the flag has held nicely as support throughout last week. The price is currently trapped between the upper 21 and 50-day EMAs (around $2.60) and the lower flag support (around $2.32). Both the RSI and MACD are weak but could spike suddenly.”
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