Ripple (XRP) price prediction for this weekend

After a prolonged correction, XRP seems ready for its next stage.

Key support levels: $2, $1.6

Key resistance levels: $2.8

1. Is the demonstration about to resume?

Since early December 2024, XRP entered a steady correction after the price made a 5x in November. However, at the time of this publication, this cryptocurrency seems poised to resume its uptrend.

The price has risen more than 10% in the last 24 hours and could aim to challenge the key resistance at $2.8 if this momentum holds. XRP has good support at $2 if the sellers come back.

Chart by Tradingview 2. Momentum Shifting Bullish

Buyers are returning and momentum indicators are starting to give early signs that the trend is once again bullish. The daily MACD has yet to make a bullish crossover, but it is quickly approaching. The volume is also kept low at this time, but this can change at any time.

Chart by Tradingview 3. Daily RSI Bullish Cross

The first sign that the momentum is turning bullish can be seen in the daily RSI which made a bullish cross. If this is followed by a bullish MACD crossover, buyers could intensify their presence in the order book as XRP rises.

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