XRP Price Prediction: What to Expect in the Next 48 Hours By CoinEdition

U.S. Stock Market Has Plenty of Reasons to Rally After Fed’s Decision

XRP Price Prediction: What to Expect in the Next 48 Hours

Cryptocurrency Jan 24, 2023 09:30AM ET

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XRP Price Prediction: What to Expect in the Next 48 Hours

XRP/USD

-1.49%

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XRP’s price is down 1.06% over the last 24 hours.

Technical indicators on XRP’s daily chart are skewed towards bullish.

The 4-hour chart for the remittance token suggests that the market awaits the next move.

Ripple is a technology that acts as both a cryptocurrency and a digital payment network for financial transactions. It was first released in 2012 and was co-founded by Chris Larsen and Jed McCaleb.

Ripple’s main process is a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and security transfers, which is used by banks and financial middlemen dealing across currencies.

The token used for the cryptocurrency is premined and utilizes the ticker symbol XRP. Ripple is the name of the company and the network, and XRP is the cryptocurrency token. The purpose of XRP is to serve as an intermediate mechanism of exchange between two currencies or networks – as a sort of temporary settlement layer.

Instrument	Prediction	Confidence (%)	Date Range
XRPUSD	SELL	53.61	2023-01-24, 02:00:00 – 2023-01-26, 02:00:00

GRW Market Analysis Software signals XRP as a sell(Source: GRWCoin)

The GRW ...

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US 30	34,020.7	-33.2	-0.10%
US 500	4,156.6	-23.2	-0.55%
Dow Jones	34,053.94	-39.02	-0.11%
S&P 500	4,179.76	+60.55	+1.47%
Nasdaq	12,200.82	+384.50	+3.25%
S&P 500 VIX	18.73	+0.86	+4.81%
Dollar Index	101.575	+0.547	+0.54%

Crude Oil WTI	76.03	+0.15	+0.20%
Brent Oil	82.10	-0.74	-0.89%
Natural Gas	2.454	-0.002	-0.08%
Gold	1,929.60	-1.20	-0.06%
Silver	23.582	-0.033	-0.14%
Copper	4.0983	+0.0118	+0.29%
US Soybeans	1,534.25	+14.25	+0.94%

U.S. 10Y	3.387	-0.011	-0.32%
U.S. 30Y	3.545	-0.010	-0.29%
U.S. 5Y	3.4811	-0.0020	-0.05%
U.S. 3M	4.6585	+0.0190	+0.40%
US 10Y T-Note	115.59	+0.05	+0.04%
Euro Bund	139.49	+0.09	+0.06%
10-2 Yield Spread	-68.54	+1.29	+-1.85%

Apple	150.82	+5.39	+3.71%
Alphabet A	107.74	+7.31	+7.28%
Tesla	188.27	+6.86	+3.78%
Amazon.com	112.91	+7.76	+7.38%
Netflix	366.89	+4.90	+1.35%
Meta Platforms	188.77	+35.65	+23.28%
Bank of America	36.13	+0.21	+0.58%

XRP Price Prediction: What to Expect in the Next 48 Hours

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