XRP Price Prediction for This Weekend (April 18 – April 20)

A week that will likely be completely forgotten in the crypto history books, as prices barely moved in the past few days.

A week that will likely be completely forgotten in the crypto history books, as prices barely moved in the past few days. XRP is no exception as the price gained 2.5% this week, but trading sideways, now at $2.06.

XRP Chart Analysis Today

XRP is currently trading at $2.065. It has been moving sideways since rebounding from its April 7 low. The price is unable to break through the $2.15-$2.20 level, which it tried to do earlier this month. This is why we're seeing this consolidation phase.

The short-term trend doesn't show a clear direction. While XRP remains above the 200-day moving average (a good sign for long-term holders), the momentum is fading as the price moves flat.

The Commodity Channel Index (CCI) sits just above zero at 16.68, indicating that the market is neither overbought nor oversold. This aligns with the chart, showing XRP consolidating around $2.05-$2.10.

The Ultimate Oscillator reads 46.59, which is below the middle point of 50, suggesting that the bullish momentum is weakening. The Rate of Change is negative at -3.00, and the MACD is also slightly negative. These signs indicate that buyers are struggling to take control of the market. The Bull/Bear Power reading is slightly negative, showing that sellers have a small edge currently.

Weekend XRP Price Predictions

If things go well and XRP manages to stay above $2.00 and pushes through $2.15, we could see the XRP price reach $2.20 quickly. With enough buying volume, it might even manage to continue towards $2.35 by Sunday. For this to happen, we'd need some good news, perhaps something positive about the Ripple-SEC case or a general rise in altcoin prices.

However, if XRP drops below $2.00 or falls under the 200-day moving average at $1.92, we could see it pull back to $1.92 first. More selling could push it down to $1.80 over the weekend. This scenario could unfold if the weak momentum continues, the whole crypto market drops, or there's unexpected bad news that impacts crypto.

Considering the current scenario, XRP is likely to continue consolidating within its present range for the immediate future.