Why is XRP set to increase by 13.64% from the current price?

By March 31, XRP price is anticipated to climb by 13.64% or +$0.04923 from its current price, according to the 1,115 community votes given by users of the cryptocurrency tracking platform CoinMarketCap as of press time.

It’s also crucial to remember that the XRP token price predictions made by the crypto community over the past six months have historically been 91.73% accurate, which makes them a viable alternative to the price predictions made by AI platforms, which have set a much lower XRP price for the same period.


XRP 6-month estimation accuracy | Source: CoinMarketCap

On the one-day gauges at the financial monitoring website TradingView, XRP’s technical analysis (TA) is quite negative. Its summary is consistent with the “strong sell” mood at 16, which is the outcome of moving averages (MA) heading in that direction at 14 and oscillators being in the “neutral” range at 8.


XRP 1-day trading gauges | Source: TradingView

In the meantime, the price of XRP is currently $0.3758, down 1.96% from the previous week and 5% from the preceding 30 days.


XRP/USD 4-hour chart | Source: TradingView

What happens in the legal dispute between blockchain company Ripple and the US SEC, as well as the overall crypto and macroeconomic landscape, will all impact whether the community’s optimistic forecasts come true.

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