XRP (XRPUSD) Price Is Increasing

XRP (XRPUSD) Price Forecast: February 17

The XRP market is increasing and going long, trading above the EMA line, indicating that buyers are making solid progress. The bulls are gaining strength in the XRP market at the moment. As a result, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. The crypto price might surge to hit the $3.40 supply level and extend to meet the $3.60 upper resistance mark as it experiences a remarkable surge.

Key Levels:
Resistance Levels: $2.83, $2.84, $2.85
Support Levels: $1.99, $1.98, $1.97

XRP (USD) Long-term Trend: Bullish (Daily Chart)

The XRP pair is increasing. The coin has been riding a strong trend, fueled by buyers’ confidence in its long-term view.

The coin price is trading firm above the moving average with huge volumes from the bulls, suggesting a bullish momentum. Thus, the upward trend will likely continue following the increasing volume of the bulls.

The sustained bullish pressure pushed the crypto price to a $2.79 high before the end of the last session, enabling the price to remain firm above the supply levels in its recent high.

The XRPUSD price is increasing and going long from the chart above. Buyers pushed the token price to the $2.83 supply value above the EMA-50 to open today’s daily chart, trying to replenish the bullish momentum.

Thus, if this bullish growth pattern is steady, an established uptrend to the retest of $3.40 could be achieved, strengthening investors’ confidence and the broader altcoin market.

Additionally, due to an upward momentum shown by the price indicator, the XRPUSD might continue increasing and going long to reach the $3.60 upper high level in the near term in its long-term outlook.

XRP (USD) Medium-term Trend: Bullish (4H Chart)

Upward pressure still dominates the XRPUSD market despite the interference from the sell traders in the medium-term time frame. The price is increasing above the moving averages, confirming its bullish trend.
The breakout by the bulls to the $2.78 supply value in the last few hours has made the coin market go long and retain its bullish strength lately.

Today’s market value of XRP is increasing at a $2.81 supply value above the moving averages as the 4-hourly session opens today, affirming the presence of more buyers in the market, with an intraday gain.

Hence, the coin is witnessing a post-rally pullback. If the bullish turnaround increases, buyers’ grip over the asset could drive the token price to hit the $3.27 prior resistance level, footing the potential for more gains.

Notably, the XRPUSD price is increasing and may continue, as shown by the daily signal, pointing upwards. In light of this, the upward rally could reach the $3.60 upper resistance trend line in the days ahead in its medium-term outlook.

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