Ripple (XRP) started 2023 well, gaining around 20% in January. On February 1, 2023, XRP increased by about 4% and is hovering around $0.40. The altcoin reached $0.43 last month and is looking to retrace these levels and break the resistance.
What Could XRP Price Be on February 28, 2023?
machine learning algorithm, XRP priceHe predicts that the price will be $0.40 on February 28, 2023.
The algorithm’s prediction is currently the same price. This is likely to close February with little or no earnings. According to the forecast, the altcoin will remain sluggish or continue to trade sideways this month.
But Trading View’s technical analysis points to a ‘buy’ at 12. The moving average also points to a ‘series buy’ at 11, while the oscillators stay ‘neutral’ at 8.
Price Rise Mobilizes Meme Coin Whales – Top of the Year!
Artificial intelligence predicted in January that XRP would be traded at $ 0.40 on February 1, 2023, and this prediction turned out to be correct.
As a matter of fact, whales also show great interest in the XRP token. Whales, CEO of Ripple Brad GarlinghouseHe’s taking an early entry position after the firm said in an interview with CNBC that he believes the court order will be in their favour, not the SEC’s.
XRP was trading at $0.40 at the time of writing and is up 3.5% in 24-hour daily trading. The altcoin is down 88% from its all-time high of $3.40, which it reached in January 2018.