The post XRP Price prediction: Will XRP Price Crash or Skyrocket in September? appeared on BitcoinEthereumNews.com.

September could be a game-changing month for XRP. As one of the most talked-about cryptocurrencies, investors and enthusiasts are wondering whether the price will crash or skyrocket. In this XRP price prediction article, we’ll explore the key factors that could influence XRP’s price this month and help you understand what to watch for in the coming weeks.  How has the XRP Price Moved recently? XRP/USD Daily Chart- TradingView  As of today, XRP is priced at $0.56801, with a 24-hour trading volume of $1.57 billion and a market cap of $31.95 billion, giving it a market dominance of 1.53%. Over the last 24 hours, XRP’s price has risen by 1.15%. XRP hit its all-time high of $3.92 on January 4, 2018, while its lowest price of $0.002802 was recorded on July 7, 2014. Since its peak, the lowest price XRP reached was $0.113268 (cycle low), and the highest price since then was $1.97793 (cycle high). The current sentiment for XRP price prediction is neutral, with the Fear & Greed Index indicating a score of 29 (Fear). XRP has a circulating supply of 56.25 billion out of a maximum supply of 100 billion. The yearly supply inflation rate stands at 6.45%, meaning 3.41 billion XRP were created over the past year. XRP Price Prediction: XRP Price is fluctuating XRP has managed to hold steady above the key $0.5550 support level, much like Bitcoin and Ethereum. Although the price tried to initiate a recovery, it was short-lived. XRP briefly rose above $0.5650, reaching up to $0.5750, before facing another drop. After retesting the $0.5550 support, XRP formed a low at $0.5567 and is currently consolidating its losses. The price did recover slightly, moving above the 23.6% Fibonacci retracement level from the recent $0.5767 high to the $0.5567 low. However, XRP remains below $0.5750…

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Filed under: News - @ August 31, 2024 7:12 am