XRP Price Prediction Will XRP break through the $3 mark in 2023?

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XRP/USD Price Chart – Source: Tradingview

Considering the market slowdown, the XRP price prediction remains bearish, as it broke through a symmetric support level at $0.3735. However, XRP is now trading just below the double bottom support, turning into a resistance level of $0.3565. Will XRP cross the $3 mark? Let’s find out!

Vitalik Buterin has recently gone on the offensive against Ripple and XRP, focusing on tokenomics and the structure of XRP and making strong accusations of centralization.

Earlier this week he gave an interview to Bankless in which he dismissed suggestions the company had become more decentralized in the face of criticism.

He said:

“A project in the crypto space has to have some sort of on-chain data structure somewhere.”

Regarding the schism, he said the company has not apologized for telling the US government that China controls Ethereum (ETH) and Bitcoin (BTC).

“XRP has not apologized for claiming that Bitcoin and Ethereum are under Chinese control.”

XRP is a digital asset, and Ripple is a business, according to Ripple CTO David Schwartz, who responded to Buterin’s views on Twitter by saying Buterin “still doesn’t understand, or pretends not to understand, that Ripple is a business.”

Buterin is one of many who believe that Ripple Labs’ monopoly on the XRP market is a sign of centralization. The Ripple community has attacked Ethereum, claiming the cryptocurrency’s favorable SEC treatment is due to (SEC) corruption.

Buterin responded to Ripple’s accusations that Ethereum and Bitcoin are Chinese-controlled assets by saying that XRP no longer has the security of the digital asset community following such outlandish claims.

As a result, it puts downward pressure on XRP, driving down its price.

XRP Price Prediction

On the technical side, the XRP/USD pair is trading at $0.3455 with a slight bearish bias. XRP broke through a symmetrical triangle pattern that held it near $0.3730 on the 4-hour time frame. This is the same level where the 50-day moving average functions as resistance, helping the XRP price lower.

XRP/USD Price Chart – Source: Tradingview

On the downside, XRP is likely to find immediate support near $0.3465, with a downside break of this level exposing it to $0.3210. The RSI and MACD indicators are also in a selling zone, indicating that a selling trend is possible. If the demand increases, the upside pressure could break above the $0.3510 resistance level and target $0.3900 or $0.4110.

Alternative coins with huge potential

Since the SEC vs. XRP case will take months to resolve, some traders have started exploring elsewhere for faster rewards. Here are some cryptocurrencies with a lot of benefits in the immediate future.

FightOut (FGHT) – Presale Launches

FightOut, a new fitness channel and move-to-earn (M2E) fitness apps that aims to bring the fitness lifestyle to the web3, has caught the attention of investors who see the project’s potential to revolutionize the current web3 M2E landscape, has launched its pre-sale.

While existing M2E apps such as StepN only measure steps and require expensive non-fungible token (NFT) purchases to join, FightOut takes a more comprehensive approach to tracking and compensating users for exercise and activity that do not require such purchases. .

As the presale raised over $2.86 million in just a few days, interested investors are urged to act quickly to secure their FGHT tokens at the current price of 60.06 USDT per 1 USDT.

The FGHT coin will power the FightOut crypto ecosystem.

Visit FightOut now

Dash 2 Trade (D2T) – Presale enters its final phase

Dash 2 Trade is an up-and-coming cryptocurrency trading platform startup to invest in. With its unique features, the next social analytics and trading platform is set to take the crypto trading industry by storm.

Trading signals, social sentiment and on-chain indicators, a pre-sale token rating system, token list alert system, and strategy backtesting tool are some of the features.

The Dash 2 Trade ecosystem will be powered by the D2T token, which users must purchase and hold to use the platform’s services. Dash 2 Trade is currently conducting a token presale at significantly reduced prices, with sales just over $10.8 million.

The tokens can now be purchased for $0.0533 per token and will be available on several centralized exchanges over the next month.

Visit Dash 2 Trade here

Calvaria (RIA) – Final presale phase now

A new play-to-earn battle crypto-card game called RIA could become a reality. Calvaria’s mission is to increase the acceptance of cryptocurrency through the creation of a bridge between the real world and cryptocurrency in the form of a fun and simple to play crypto game. Calvaria’s RIA token pre-sale may spark investor interest.

Calvaria has now raised $2.57 million and is nearing the end of its fundraising campaign, with only 17% of the tokens remaining.

Visit Calvaria now

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