{"id":824255,"date":"2025-02-04T07:11:52","date_gmt":"2025-02-04T13:11:52","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/04\/xrp-price-prediction-for-february-4\/"},"modified":"2025-02-04T07:11:52","modified_gmt":"2025-02-04T13:11:52","slug":"xrp-price-prediction-for-february-4","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/02\/04\/xrp-price-prediction-for-february-4\/","title":{"rendered":"XRP Price Prediction For February 4"},"content":{"rendered":"
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\"Will<\/figure>\n<\/div>\n
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After a sharp decline across the crypto market, all eyes are on XRP due to its impressive recovery in the last few hours.<\/p>\n

XRP\u2019s 55% Rally Recovers Recent Fall<\/strong><\/h2>\n

According to available data, XRP, which had witnessed a massive price drop of 35% in the past 48 hours, has experienced a notable gain of over 55% and has formed one of the biggest bullish candles in the past two years.<\/p>\n

Looking at the price reversal, XRP appears bullish. Additionally, this rally doesn\u2019t seem to be stopping easily, as pro-crypto United States President Donald Trump<\/a> paused the tariff on Mexico, which he had earlier announced on his X handle.<\/p>\n

Following the update, the overall cryptocurrency market has begun recovering, including Bitcoin (BTC), which has witnessed an over 12% price reversal in the past 12 hours, along with other cryptocurrencies.<\/p>\n

$80 Million Worth of XRP Inflow<\/strong><\/h2>\n

Amid this record price reversal, long-term holders, investors, and whales who recently bought the dip have been dumping their tokens on exchanges, as reported by the on-chain analytics firm Coinglass<\/a>.<\/p>\n

Data from spot inflow\/outflow reveals that exchanges have witnessed an inflow of over $80 million worth of XRP in the past 24 hours. This substantial inflow amid this record reversal seems to be a potential sell-off for profit booking and has the potential to cause selling pressure and further price decline.<\/p>\n

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Source: Coinglass<\/figcaption><\/figure>\n

XRP Technical Analysis and Key Levels\u00a0<\/strong><\/h2>\n

According to expert technical analysis, XRP appears bullish and seems to be forming a large bullish hammer candle. For the rally to continue, XRP needs to close above $2.70 or $2.65. If that happens, a new all-time high may be on the horizon.<\/p>\n

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Source: Trading View<\/figcaption><\/figure>\n

If this happens, there is a strong possibility that we could see a new all-time high for XRP. On the positive side, with the Relative Strength Index (RSI) at 44, it appears that XRP has significant room to witness an upside rally.<\/p>\n<\/div>\n

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\n Chandan Gupta<\/p>\n","protected":false},"excerpt":{"rendered":"

After a sharp decline across the crypto market, all eyes are on XRP due to its impressive recovery in the last few hours. XRP\u2019s 55% Rally Recovers Recent Fall According to available data, XRP, which had witnessed a massive price drop of 35% in the past 48 hours, has experienced a notable gain of over<\/p>\n","protected":false},"author":1,"featured_media":824256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28724,4759],"tags":[],"class_list":["post-824255","post","type-post","status-publish","format-standard","has-post-thumbnail","category-prediction","category-price"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/824255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=824255"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/824255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/824256"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=824255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=824255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=824255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}