Prediction at XRP on February 4

After a sharp drop through the encryption market, all eyes are on XRP due to its impressive recovery in the past few hours.

55 % rally from XRP recovers the last fall

According to the available data, XRP, which has seen a 35 % decrease in prices in the past 48 hours, has witnessed a remarkable profit for more than 55 % and formed one of the largest ups in the past two years.

Given the price reflection, XRP looks upward. In addition, this gathering does not seem to stop easily, as head Donald Trump Stop the customs tariffs on Mexico, which it announced earlier on the X -handle.

After the update, the total cryptocurrency market began to recover, including Bitcoin (BTC), which has seen a reflection of more than 12 % in the past 12 hours, along with other encrypted currencies.

80 million dollars of XRP flow

Amid the reflection of this record prices, their long -term holders, investors and whales who recently bought DIP throw their symbols on stock exchanges, as stated by the Analysis Company on the series Coinglass.

The immediate flow/external flow data reveals that exchanges have witnessed a flow of more than $ 80 million from XRP in the past 24 hours. This large flow appears to be amid this record reflection as a potential sale in order to reserve profits and have the ability to cause pressure pressure and reduce prices.

XRP Technical Analysis and key levels

According to expert technical analysis, XRP appears bullish and it appears to be a large upper hammer candle. In order for the gathering to continue, XRP needs to close more than $ 2.70 or $ 2.65. If this happens, it may be the highest new level ever on the horizon.

If this happens, there is a strong possibility to see the highest new level ever for XRP. On the positive side, with the RSI index (RSI) in 44, it appears that XRP has a lot of space to see a bullish march.