
This $1 XRP Price Prediction Is Wrong: Here’s Why (Opinion)
Why the XRP price prediction of falling below $1 is flawed.

Ethereum price is attempting to recover above $2,300 but faces resistance at $2,385. A decline could occur if it fails to break through this level.
Ethereum price started a recovery wave above the $2,300 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance.
Ethereum price remained bid above the $2,250 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,300 resistance.
The price surpassed the 23.6% Fib retracement level of the downward move from the $2,465 swing high to the $2,253 low. The bulls even pushed the price toward $2,350. Besides, there is a rising channel forming with resistance at $2,365 on the hourly chart of ETH/USD.
Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,300, the price could attempt another increase. Immediate resistance is seen near the $2,360 level or the 50% Fib retracement level of the downward move from the $2,465 swing high to the $2,253 low.
Source: ETHUSD on TradingView.com
The first key resistance is near the $2,385 level. The next major resistance is near the $2,400 level. A clear move above the $2,400 resistance might send the price toward the $2,430 resistance. An upside break above the $2,430 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term.
If Ethereum fails to clear the $2,385 resistance, it could start a fresh decline. Initial support on the downside is near the $2,300 level. The first major support sits near the $2,250 zone.
The current resistance level for Ethereum price is $2,385.
After dropping to $2,250, Ethereum price started a recovery wave and moved above $2,300.
If Ethereum stays below $2,385, it could start a fresh decline.

Why the XRP price prediction of falling below $1 is flawed.

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Ethereum is trading at $2,350 and may soon break $2,400, targeting $2,800.
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A clear move below the $2,250 support might push the price toward the $2,200 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is now above the 50 zone.
Major Support Level – $2,300
Major Resistance Level – $2,385