Ripple XRP Price Prediction For This Weekend

Paigambar Mohan Raj
Source – Watcher Guru

The cryptocurrency market has faced a significant correction in the last day, with the global market cap falling 6.6% to $2.7 trillion. Bitcoin (BTC) has witnessed an 8% correction in the daily charts, hovering just above $67k. Other assets, like Ripple’s XRP token, have also faced a similar fate.

XRP’s price has fallen 7.2% in the daily charts. However, the asset is still up 7% in the 14-day charts and more than 21% over the previous month. Moreover, XRP’s price has risen by 68.7% since March 2023. Ripple’s ongoing lawsuit with the US SEC (Securities and Exchange Commission) may have slowed its growth when other assets rallied over the last few weeks.

Source: CoinGecko

Also Read: Ripple Eyes 6.5-Year Downtrend Breakout: Can XRP Hit $1?

The latest crypto market correction could be due to higher inflation numbers for February. According to the Federal Reserve, inflation in the US is up by 3.1%, still above the Fed’s 2% target. Higher CPI (Consumer Price Index) numbers may have spooked investors, thwarting the possibility of an interest rate cut in early 2024.

Ripple XRP price prediction for this weekend

Source –

According to CoinCodex, Ripple’s XRP could see a rally this weekend. The platform anticipates XRP to hit $0.71 on Mar. 17, 2024 (Sunday). Reaching $0.71 from current levels would translate to a growth of about 12.7%. Moreover, CoinCodex predicts XRP to reach $0.86 on Mar. 19, 2024, a rise of about 36.5% from current levels. However, the asset may face a correction after hitting $0.86.

Source: CoinCodex

Also Read: Ripple XRP To Hit All-Time High By Bitcoin Halving: Predicts Analyst

Changelly also paints a bullish picture for XRP for this weekend. The platform anticipates the asset to hit $0.880281 on Mar. 17, 2024 (Sunday). Changelly predicts XRP to trade between roughly $0.80 and $0.85 till the end of this month.