XRP Price Prediction for January 14th: What to Expect in the Next 24 Hours

[Candidforum]

• XRP has successfully retained $2.5 despite the bloodbath in the market in the past few days.
• XRP is about to witness a massive breakout from a triangular pattern, pointed out analyst Dark Defender.
• The 1 month and 6 month rVWAP for XRP also soared to ATHs, suggesting a major breakout.

XRP, the third-largest cryptocurrency by market capitalization, has shown remarkable resilience during the current bearish cycle. As such, analysts are currently weighing its price movement over the next 24 hours. Despite a dip to $2.32 on Monday, XRP managed to stay above $2.50. Its current market valuation is $145 billion, with a 3.71% price increase in the past week.

According to the data from CoinMarketCap, XRP is now trading at $2.53, with centralized exchange (CEX) trading volume reaching $10 billion. After rebounding from its $2 support on January 1, XRP established another support level at $2.20. Crypto analysts remain optimistic about the altcoin’s performance for the rest of this market cycle.

Bullish Breakout Confirmed by Analysts

In a post shared on X (formerly Twitter), crypto analyst Dark Defender highlighted XRP’s price action within a triangular pattern