Xrp price forecast 2024 based on recent order book depth

Based on recent order book depth, the XRP price forecast 2024 suggests a consolidation phase around $0.60 before a breakout. Technical indicators show a rising RSI and MACD bullish crossover, commonly preceding upward swings in this asset. Finally, Geoffrey Kendrick sees an important catalyst in the pending approval of spot XRP ETFs. Bitcoin has advanced 135% since spot Bitcoin ETFs were approved in January 2024, so it stands to reason XRP would also benefit, though probably not to the same degree. The SEC is expected to make a decision on at least six spot XRP ETFs by October 23. To the extent any recommendations or statements of opinion or fact made in a story may constitute financial advice, they constitute general information and not personal financial advice in any form. As such, any recommendations or statements do not take into account the financial circumstances, investment objectives, tax implications, or any specific requirements of readers. Short-term moving averages have crossed above longer-term ones on the weekly chart. This golden cross scenario supports the XRP price forecast 2024 angle up to $0.83 resistance zone.