Some cryptocurrency enthusiasts are making eye-catching predictions about XRP. They suggest that buying just 1,000 tokens could set investors up for life by the end of this decade. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Online Influencers Push Optimistic XRP Price Targets Based on social media comments, XRP supporter Duefe recently asserted that holding 1,000 coins could be sufficient to gain “a joyful and free life” by 2029. This is a remarkable prediction based on prices now. Based on today’s price of $2.17 per token, 1,000 XRP would be worth $2,170. For this modest investment to equal $1 million – a figure many believe is required for early retirement – every XRP would have to reach $1,000. This kind of expansion would necessitate a price increase of more than 45,900% from where they are today. 1000 XRP is enough for a joyful and free life. Just hold until 2029.$XRP — Duefe (@cryptoshab) April 14, 2025 Other voices within the XRP universe concur. Edo Farina, one of the best-known advocates, has gone so far as labeling the choice to not hold a minimum of 1,000 XRP as “insanity,” according to reports from within the crypto space. Not owning at LEAST 1,000 $XRP is the definition of insanity. ???? Full Video: https://t.co/hWuxKcPx6E pic.twitter.com/j05yZ4ei6Q — EDO FARINA ???? XRP (@edward_farina) March 17, 2025 Wallet Data Shows Limited Distribution Statistics from the XRP Rich List indicate that a mere 230,500 wallets now hold between 500 and 1,000 units. Of the 6.38 million total wallets out there, only 10% (approximately 638,000) have 2,500 tokens or more. These statistics indicate that if such astronomical price rises did happen, the wealth would be in the hands of a relatively small number of early adopters. Price Projections Differ Considerably Among Experts Not every prediction sets its sights as high as $1,000 per token. Some estimate XRP could hit at least $25 by 2029. Although this is well below the $1,000 it would take to convert 1,000 XRP into $1 million, it would still be a return of about 1,000% above today’s price. Others think the $1,000 price could be achieved, but within a longer timeframe of around a decade. Related Reading: Solana Hits Milestone As Canada OKs First Spot ETFs XRP Holder Count Steady At 4.81 Million Over The Past Month Meanwhile, the count of XRP holders on the mainnet has been incredibly stable between March 18 and April 15, staying close to the 4.81 million mark based on data from CoinCarp. The stability indicates that investor sentiment for XRP has been stable, with no indication of large-scale accumulation or large-scale exits. In the face of market uncertainty or price oscillations in the same time frame, holders of XRP seem to be holding steady, perhaps indicative of faith in the long-term value of the token or a wait-and-see attitude among retail and institutional players alike. Data also indicates a more mature base of holders who are not responding irrationally to short-term price swings. Featured image from Pexels, chart from TradingView
As the XRP price climbs back above the crucial $2 mark, reflecting a 20% surge over the past week, market analysts are increasingly optimistic about the token’s recovery and potential for setting new all-time highs (ATHs). Expert analyst Maelius recently shared insights on social media platform X (formerly Twitter), suggesting that the current market dynamics support a bullish outlook for the XRP price. XRP Price Could Target $10 In Conservative Case Despite the recent price surge, some market participants remain skeptical about XRP’s trajectory. Maelius addressed these concerns, stating, “In a conservative case, I think XRP looks very bullish on higher time frames (HTFs).” Historically, XRP has shown a pattern of respecting the 50-week Exponential Moving Average (EMA) during bull markets. Recently, the asset touched this EMA and rebounded, reinforcing the belief that it is on a positive trajectory. Related Reading: This Bitcoin Pullback Mirrors 2017’s Path To Parabolic Highs, Says Analyst In his social media update, Maelius outlined two scenarios for XRP’s future price movements: a conservative case and a more optimistic base case. In the conservative scenario, Maelius posits that XRP has completed its Wave 3 (W3) of a larger Elliott Wave cycle and is currently finalizing Wave 4. This suggests that XRP could expand into a final Wave 5, targeting $10. The expert assigns a 35% probability to this conservative case, highlighting that price and Relative Strength Index (RSI) behaviors indicate a potential base formation around current levels before reaching new highs later in the year. Maelius’s more optimistic scenario suggests that the top of Wave 3 may not have been reached yet. He points out that the accumulation phase for the XRP price has been longer than in previous cycles, indicating that the market may just be taking more time to develop. In this case, the final W5 could extend into the first or second quarter of the next year, with targets ranging from $15 to $20 or higher. Can Dominance Translate To Price Gains? In addition to the XRP pprice analysis, Maelius examined the token’s market dominance, which indicates the token’s share within the broader cryptocurrency market. The expert noted that while the token’s dominance has been preparing for a final upward move, this does not necessarily correlate with the XRP price reaching new highs. The dominance metric, seen in the image below shared by Maelious, suggests that while XRP might underperform relative to other altcoins, it still has the potential for significant price appreciation. Related Reading: Dogecoin Whales Buy 800 Million DOGE in 48 Hours – Smart Money Or Bull Trap? The 1-week RSI for the token’s dominance is currently in an uptrend and resting on horizontal support. If this support level fails, a diagonal support line could provide the next level of defense. Historically, XRP’s dominance has experienced two major impulses during previous cycles, each reaching notable resistance areas. However, Maelius cautions that the growing size of the market makes it increasingly challenging for any single asset to achieve the same peaks as in prior cycles. Featured image from DALL-E, chart from TradingView.com
ProShares has confirmed plans to launch a set of XRP futures-based exchange-traded funds (ETFs) by April 30, according to an updated April 15 filing with the US Securities and Exchange Commission (SEC). According to the filing, the asset management firm plans to introduce three futures-based funds: the ProShares UltraShort XRP ETF, the ProShares Ultra XRP […]
The post ProShares taps into XRP’s momentum with new futures ETFs set for April 30 launch appeared first on CryptoSlate.
A slump in majors came as Chinese stocks in Hong Kong extended their losses to as much as 2.9% after Wednesday’s open despite the Chinese economy growing 5.4% in the first quarter.
The breakdown suggests the attempted recovery from the April 7 lows has likely ended.
The price of XRP remains stable in an otherwise volatile market, currently selling at $2.15 with a an impressive 13% increase in the last seven days. The cryptocurrency holds on to being part of the top three digital currencies despite indicators pointing in varying directions. Though short-term price action indicates a period of consolidation, long-term potential for growth continues to be a possibility for investors monitoring this Ripple-supported coin. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows Trading Volume Falls But Price Still Resilient The recent price movement of the coin has been hard to forecast. XRP has established lower highs and lower lows over the last day, leaving everyone wondering which way it will go next. The small 1.20% increase in the last 24 hours might not be the full picture, as the price is currently below today’s high of $2.18. Trading volume has dropped by 12% over the past 24 hours to $3.4 billion, from a high of more than $4 billion. Open Interest has also dropped by over 5%, with just 1.45 billion XRP (valued at $3 billion) locked in futures markets. In spite of these declining trends in trading activity, XRP’s price has not imploded. Technical indicators suggest a neutral Relative Strength Index (RSI) of 49, which means selling pressure has dissipated. The Bollinger Bands indicator indicates lower price volatility. Weekly Performance Depicts Optimism If one looks at the larger time frame, the bigger picture is more optimistic. XRP has risen by 13% in the last week, compared to several other cryptocurrencies. According to CoinShares’ latest digital asset report, only the top altcoin, XRP, had investment inflows, while both Bitcoin and Ethereum had outflows. This interesting trend is indicative of institutional investor trust in XRP when all other top cryptocurrencies are experiencing selling pressure. Corporate Developments Might Fuel Future Growth Ripple Labs’ new business developments may influence the price of XRP in upcoming weeks. The company has acquired Hidden Road, a leading prime brokerage company, which has been its first foray into traditional financial markets. According to reports, both XRP and RLUSD (Ripple’s USD stablecoin) have roles to play in this development. This conventional finance adoption may increase the price and usage of XRP if the company’s strategy works out. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets The future of the cryptocurrency appears to be linked with both global market trends and Ripple’s business growth. Although immediate price movements are unstable with contradictory signs from market indicators, corporate growth and institutional interest offer growth catalysts. Meanwhile, market technicians are keeping a close eye on major technical levels and trading trends, but the combination of reduced volatility and continued weekly gains indicates XRP might be setting the stage for a more meaningful price move in the near term. Featured image from Pexels, chart from TradingView
XRP may have spent the past few weeks struggling to hold above the $2 level, but one analyst believes the recent price action is only in its early stages of a much larger surge. For those who think $3 is a reasonable target, this outlook predicted that the real move could take the altcoin far beyond that mark and possibly much sooner than expected. Multi-Stage Price Path With $10 To $20 The $3 price level has become the psychological and technical battleground for bullish XRP investors this cycle, serving as the most active price point. Earlier in January, the token briefly surged past this level, coming within striking distance of its all-time high of $3.40, before a wave of selling pressure triggered a pullback. Related Reading: XRP Price Forms Rounded Bottom Within Descending Channel, Target Set Above $3 Since then, XRP has seen price corrections that pushed it as low as $1.65 on April 7. Yet, the outlook is once again tilting bullish. XRP has rebounded above $2 and is building a strong base to support another run toward $3. If the current momentum continues to gain traction, reclaiming $3 is not only likely, it could happen within a matter of weeks. One of the boldest predictions comes from a trader known as BarriC, who has laid out a roadmap that extends far beyond the $3 threshold. In a recent post on social media platform X, he forecasted that XRP, now trading near $2.20, will break $3 soon. But his outlook doesn’t stop there. He predicted that by May, the sentiment surrounding XRP could shift so drastically that $5 would be seen as the new “cheap” price for XRP. Taking things a step further, the analyst noted that if the broader crypto market transitions into a full-blown altcoin season, XRP could establish a new short-term trading range between $10 and $20 within the next few months. Utility Run Scenario Places “Cheap” XRP Closer To $1,000 Perhaps the most striking part of BarriC’s analysis comes from what he describes as a “utility run.” This utility run is a scenario where XRP’s real-world use cases as a bridge cryptocurrency start to gain adoption and reflect in its price. Under such conditions, the term “cheap XRP” would apply to prices below $1,000. Related Reading: XRP Price Flashes Symmetrical Triangle From 2017, A Repeat Could Send It as Flying To $30 At the time of writing, XRP is trading at $2.14, up by 1.4% in the past 24 hours. As ultra-bullish as it might seem, the analyst’s price prediction isn’t surprising, as the cryptocurrency has been subjected to similar bullish outlooks in the past few days. Beyond bullish price targets, a few analysts now believe that XRP will flip both Ethereum and Bitcoin in the coming months. One such example is analyst Axel Rodd, who cited the breakdown in Bitcoin dominance as a reason why XRP will flip Bitcoin. Similarly, analysts at Standard Chartered recently predicted that the altcoin will flip Ethereum in market cap by 2028. Featured image from Adobe Stock, chart from Tradingview.com
A well-known cryptocurrency commentator thinks Ethereum is poised to reach new all-time highs, potentially setting off large gains for other smaller cryptocurrencies. The analyst, Alex Becker, shared his expert analysis on these points in a recent livestream where he was talking about Ethereum’s price action and what that may portend for the wider market. Related Reading: Whale Alert: Ripple Sends 200 Million XRP Into The Shadows Ethereum Displays Signs Of Recovery Ethereum has risen nearly 5% in the past 24 hours, trading at $1,675, which is a 10% rise in the past week. The second-largest cryptocurrency recovered strongly after touching a multi-year low of $1,380 recently. The recovery has been very rapid, with Ethereum rising almost 20% in a five-day timeframe. In spite of this rise, current prices still indicate a steep 50% fall from where Ethereum had been trading at the start of 2025. Analyst Asserts 90% Probability Of Shattering Past Records The cryptocurrency also has a way to go before it hits its all-time high of $4,890, which is around 60% lower than the peak. Ethereum would have to more than double its current price to hit its previous record. Becker voiced strong optimism regarding Ethereum’s future, saying there’s a “90% chance” it will break its prior record high. He even dared viewers to come back in three years and ridicule him if his prediction fails to materialize. The analyst is optimistic in part due to what he perceives as widespread negativity in regards to Ethereum, with most investors writing it off as “dead.” However, Becker is going the other direction, indicating the cryptocurrency is overvalued and offers a good buying opportunity for those who had the willingness to accept the risks. Without hype there is a 90% chance ETH returns to its old ATH… Which will trigger huge gains in alts from these prices… Making this the easiest way to 3-8x your money in history. Ever. This isn’t even the best case scenario where it gets a true bull past aths. — Alex Becker ???????????? (@ZssBecker) April 11, 2025 Possible Ripple Effect On Other Cryptocurrencies According to Becker, an Ethereum “comeback” would have profound implications on other leading cryptocurrencies. He believes coins positioned just below Ethereum to experience explosive growth in case his expectations come to fruition. The analyst outlined specific cryptocurrencies he thinks will gain, such as Cardano (ADA), XRP, Dogecoin (DOGE), SUI, Avalanche (AVAX), and Solana (SOL). Though stressing the risks involved with cryptocurrency investing, Becker recommended such coins could be worth holding by long-term investors willing to deal with high-risk assets. Related Reading: Crypto Holders Beware! New Malware Drains ETH, SOL, XRP Wallets Price Targets And Growth Projections Becker drew a number of scenarios for growth in cryptocurrencies. For Ethereum, he predicted that a four-fold ROI on present levels can happen, and prices can possibly touch as much as $10,000 under a highly optimistic scenario. The analyst was even more optimistic about XRP, indicating that it could beat Ethereum by 25%-50% if it starts to close the market capitalization gap between the two cryptocurrencies. Even with his positive view, Becker admitted that investing in cryptocurrencies is still very risky. He cautioned that in the worst-case scenario, Ethereum can fall to $500, which is a 50% decline from current prices for investors. Featured image from Reuters, chart from TradingView
Crypto pundit Zach Rector’s has published a bold projection that XRP could surge to $15 as soon as institutional inflows driven by exchange-traded funds (ETFs) increasingly reshape market dynamics. In his analysis, Rector contends that the anticipated inflows from XRP exchange-traded funds (ETFs) could transform the asset’s valuation landscape. His projection is rooted in conservative assumptions and is underpinned by JPMorgan’s earlier forecasts, which suggested that XRP ETFs might secure between $4 billion and $8 billion in new capital during their first year. Rector centers his model on the lower $4 billion figure, arguing that even this modest amount could set the stage for a dramatic market cap expansion. How High Can XRP Rise With A Spot ETF? Central to his thesis is what he terms the “market cap multiplier.” This metric, which he describes as “the ratio of the change in an asset’s market capitalization to the net inflows it receives,” serves as the engine behind his bullish scenario. Rector elaborated on the concept during one of his presentations: “When you witness a short-term event where XRP’s market capitalization surges dramatically with relatively low inflows, it highlights how sensitive the valuation can be to capital entering the market.” Related Reading: XRP Reaches ABC Pattern Top—Analyst Says $6.50+ Targets Still In Play He illustrated this with a striking example from April 12, 2025. On that day, over the course of eight hours, XRP’s market cap increased by $7.74 billion even though the net inflows were only $12.87 million—a phenomenon that translated into an extraordinary multiplier of 601x. “That moment was a wake-up call,” Rector noted, “a clear demonstration of how leveraged the digital asset market can be under the right conditions.” Despite this explosive example, Rector exercised caution by choosing a considerably more conservative multiplier of 200x for his primary analysis. With this multiplier, the $4 billion inflow assumption would generate an $800 billion increase in market capitalization. When added to XRP’s then-current market cap of roughly $125 billion, the theoretical total valuation climbs to nearly $925 billion. Given an estimated circulating supply of 60 billion XRP tokens, this scenario would result in a per-token price close to $15. “Even a conservative read on market trends points to a level of appreciation that is nothing short of transformative,” Rector explained. In discussing the underpinning assumptions, Rector was unequivocal about the limitations of his model. “Two things that are not included in this equation that do play a factor would be the futures market and then also the XRP ledger decentralized exchange activity,” he stated. Related Reading: XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? Beyond the technicalities of his multiplier methodology, the broader market context lends weight to Rector’s optimistic forecast. Institutional momentum is evident, as evidenced by a surge in regulatory filings for spot XRP ETFs. Nine prominent financial institutions—among them Grayscale, VanEck, Ark Invest, and WisdomTree—have sought approval from the US Securities and Exchange Commission. “The fact that established asset managers are stepping forward to file for an XRP ETF is a signal in itself,” Rector commented. The SEC’s acknowledgment of these filings, coupled with the buzz around the Ripple legal settlement, has bolstered market sentiment. “There’s a tangible sense of optimism in the air,” Rector added. Notwithstanding the supportive environment, Rector remains measured in his outlook. He pointed to the underwhelming performance of Ethereum ETFs for context. Since their introduction in July 2024, Ethereum ETFs have only attracted about $2.28 billion in inflows. “This is a reminder that even with strong institutional interest, the transition from traditional finance to digital assets is not always straightforward,” Rector remarked. International developments have further reinforced the narrative. In March 2025, Brazil took a significant step by approving a spot XRP ETF, while the NYSE Arca recently debuted Teucrium Investment Advisors’ leveraged XRP ETF. “Global regulatory acceptance is key,” Rector asserted, “and as more jurisdictions warm up to digital assets, we can expect a more vibrant and dynamic market.” He concluded: “While no forecast is foolproof, the trends we are witnessing today suggest that a milestone like $15 per XRP isn’t just wishful thinking—it could very well be within reach.” At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com
May 22 is the next important date to watch as the SEC must respond to Grayscale's spot XRP ETF filing by then.
XRP price started a fresh increase above the $2.120 resistance. The price is now consolidating and must settle above $2.1680 for more gains. XRP price started a fresh increase above the $2.00 and $2.10 levels. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend gains if there is a close above the $2.1680 resistance zone. XRP Price Eyes Fresh Gains XRP price managed to stay above the $1.920 support zone and started a fresh increase, like Bitcoin and Ethereum. The price climbed above the $2.00 and $2.020 resistance levels. A high was formed at $2.244 and the price recently started a downside correction. There was a move below the $2.10 support zone. The price dipped below $2.020 and tested the 50% Fib retracement level of the upward move from the $1.920 swing low to the $2.244 high. It seems like the price remained well-bid near the $2.080 support. The price is now trading above $2.100 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.120 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.1680 level. The first major resistance is near the $2.20 level. The next resistance is $2.240. A clear move above the $2.240 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.450 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550. Another Decline? If XRP fails to clear the $2.1680 resistance zone, it could start another decline. Initial support on the downside is near the $2.120 level and the trend line. The next major support is near the $2.080 level. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.050 support and the 61.8% Fib retracement level of the upward move from the $1.920 swing low to the $2.244 high. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.1200 and $2.080. Major Resistance Levels – $2.1680 and $2.200.
A crypto analyst has presented a compelling case, suggesting that the XRP price may be closely mirroring Bitcoin’s historical macro action. By comparing its multi-year chart patterns and market behaviour, the analyst argues that XRP may be gearing up for a significant price rally to $71 and beyond. XRP Price Traces Bitcoin Path To Reach $71 TradingView crypto analyst RizeSenpai has forecasted that XRP could surge explosively to $71. At its current market price, this would represent a staggering 3,281% increase. Related Reading: XRP Price Nears ABC Correction With Clear Targets For Buying The TradingView expert conducted a detailed comparative analysis, drawing striking similarities between Bitcoin’s breakout from its multi-year accumulation range in 2015-2017 and XRP’s current price structure. He points out that XRP’s movements since it was listed on Poloniex in 2014 have closely mirrored Bitcoin’s macro price action but at a slower rate, estimated at 65%. For emphasis, the price chart shows that Bitcoin experienced a sharp surge of 5,424% after consolidating between 2013 and 2016 and finally breaking out in 2017. Similarly, XRP had a big rise in 2017 but has since been stuck trading within a large multi-year range for nearly six years as of the end of 2022. Recently, XRP broke out of its long-term price range and has been consolidating above its old all-time high resistance for several months. Considering its current price action, the analyst assumes that the asset may be attempting to move toward new breakout levels. The TradingView analyst has highlighted the potential for XRP to surge toward a more realistic target of $27 – $30, near the 1.618 Fibonacci Extension level. For reference, he shared a chart comparing Bitcoin’s past bull market breakout and performance with XRP’s current breakout and future price action. The chart reveals that when BTC broke out, it surged toward the 1.618 Fibonacci level at $61,800 before initiating a secondary run that topped at the 1.902 HOP level. As a result, RizeSenpai predicts that if XRP can completely mirror Bitcoin’s performance, it could skyrocket to $27, potentially reaching as high as $71, where the 1.902 HOP level lies. The Token To Surge Above $71 To $120 As mentioned earlier, XRP is still trading within a multi-year range breakout similar to Bitcoin’s in its past cycle. As of writing, XRP’s price sits at $2.13, having declined by more than 11% over the last month. Related Reading: This Analyst Correctly Called The XRP Price Crash, Here Are The Next Targets Notably, if the altcoin replicates the breakout momentum previously seen in Bitcoin, RizeSenpai predicts an explosive 5,400% increase, pushing its price to a very ambitious target of $120.94. This suggests that the TradingView analyst believes that XRP could exceed its previously projected target of $71 and climb past $120. Adding to the weight of this bullish forecast is the presence of a monthly Moving Average Convergence Divergence (MACD) Hidden Bullish Divergence. This technical indicator is often associated with an uptrend continuation and potential upside momentum. Featured image from Adobe Stock, chart from Tradingview.com
XRP finds itself at a pivotal juncture following a move that touched the 0.382 Fibonacci retracement near the $2.24, as highlighted by crypto analyst Casie (@CasiTrades). Referring to this zone as “XRP Reaching C Top,” she pointed out that this level aligns precisely with the upper boundary of the latest three-wave ABC pattern. From her perspective, that tap near $2.24 has now triggered bearish signals on the RSI, suggesting a potential short-term reversal, indicating that a deeper correction may be around the corner. Where Is XRP Heading Next? “Either one of these major supports could be XRP’s next pivot,” Casie stated when describing two possible retracement zones at $1.90 and $1.55. She labeled $1.90 as the 0.5 Fibonacci retracement and “a critical backtest area,” while identifying $1.55 as “the golden .618 Fib retrace” and a prime candidate for what Elliott Wave theorists might see as a Wave 2 corrective low. Related Reading: XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further On her chart, these price levels are marked as major supports that could each prompt an eventual pivot toward higher highs. According to Casie, the overarching bullish structure remains intact, with the short-term dip now needed for confirmation before any renewed push upward. In her follow-up commentary, Casie reiterated her bullish stance by saying, “Breakout to new highs in April! Remember, ANY wave 3 extension target is valid—6.50 USD, 9.50 USD, 13 USD, 26 USD.” This statement aligns with her broader Elliott Wave Theory approach, in which she sees the current corrective leg as a precursor to a potentially powerful third wave extension. Her chart, originally shared in mid-March under the heading “XRP Holding Strong, But Still in Waiting Mode!,” showed that the project was already holding above $2.26, a level she called “the key .382 retracement support,” while pinpointing higher upside targets at $2.70 and $3.05 once the market confirms another upward wave. Casie further mentioned that “XRP needs to break above $3.40 to confirm our new trend,” explaining that until that happens, the next big move remains in question. Traders who follow her work will note that the RSI divergence visible on multiple timeframes has added to short-term bearish concerns, but the medium- to long-term picture, in Casie’s view, still indicates scope for a new rally once price revisits and confirms support. Related Reading: XRP Targets $19 Or $45 In Possible Blow-Off Top, Analyst Predicts As of now, all eyes remain on whether XRP’s pullback finds support at one of Casie’s highlighted Fibonacci levels. The price briefly breached $2.20 but has since shown signs of faltering momentum, leaving traders to watch if $1.90 —or ultimately $1.55 —will emerge as a pivotal bounce zone. If XRP does stabilize at or above those areas, sentiment could shift once more toward fresh highs, especially if the broader market cooperates. Casie’s scenario of a wave 3 extension toward targets above $6 remains on the table, but the immediate question is how the asset handles this retracement phase. The structure still appears bullish overall, yet the coming sessions will be critical in determining whether XRP’s current pullback lays the foundation for a sustained next leg higher. At press time, XRP traded at $2.16. Featured image created with DALL.E, chart from TradingView.com
XRP has emerged as one of the strongest-performing assets in recent weeks, defying broader market volatility and mounting macroeconomic uncertainty. After a rough start to the month, XRP has rebounded sharply, posting a 32% gain from last Monday’s low. The token’s resilience has caught the attention of analysts and investors as it continues to outperform many of its peers in the altcoin space. Related Reading: Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally? Much of this strength is attributed to growing optimism that macroeconomic tensions—particularly around global trade policies and inflation—may begin to ease. If this trend continues, XRP could be well-positioned to lead the next leg of the crypto recovery. Top crypto analyst Ali Martinez added to the bullish narrative, sharing a technical analysis showing that XRP is currently trading within an ascending triangle—a pattern typically associated with upward breakouts. Martinez identifies $2.22 as the critical resistance level to watch. If bulls can push above that line, it could open the door to a move to higher price levels. With momentum building and technical indicators aligning, XRP appears to be approaching a pivotal moment. The next move could determine whether this rally has more room to run—or if resistance will stall the breakout. XRP Bulls Eye Breakout As Market Looks for Direction XRP bulls are gaining confidence as the market shows signs of stabilization following weeks of volatility. With global tensions still unresolved, the broader crypto environment remains uncertain—but XRP has managed to hold its ground, consistently trading above the $1.80 level. This steady performance has analysts optimistic that the token could be preparing for a strong move higher, especially if macroeconomic pressure starts to ease in the coming weeks. The anticipation surrounding potential monetary policy shifts and cooling inflation expectations could create a more favorable environment for risk-on assets like XRP. Some market participants are betting that as clarity returns to the global economy, high-conviction assets will lead the charge—and XRP is firmly on that list. However, not all analysts agree that the rally will be smooth. A more cautious view suggests that the market might need one more correction to establish a solid foundation. This scenario would involve a dip below current levels to set a new demand zone before the next leg up begins. In the meantime, Martinez identified a key pattern unfolding: XRP is trading within an ascending triangle—a bullish continuation setup. According to Martinez, the $2.22 resistance level is the crucial threshold. A confirmed breakout above this level could trigger a surge toward $2.40, potentially marking the start of a broader upward trend. As traders watch price action closely, XRP’s ability to hold key support and test the top of its triangle could determine its next big move. The coming days may prove pivotal in shaping the short-term future of this high-profile altcoin. Related Reading: Ethereum Stays Below Realized Price: Once-In-A-Cycle Opportunity? Daily Price Action Leans Bullish After Reclaiming Key Averages XRP is currently trading at $2.14 after a strong move that saw the token reclaim both the 200-day moving average (MA) at $1.89 and the 200-day exponential moving average (EMA) at $1.95. This bullish development signals a potential shift in trend, as XRP bulls now hold a short-term momentum advantage. Holding above these key indicators is essential for sustaining upward pressure and building confidence in a broader recovery. The next major hurdle lies at the $2.60 daily supply zone. A clean break above that level could open the door for a continuation rally targeting higher resistance zones. For now, bulls will need to maintain strong buying interest and volume to test and eventually breach that level. However, downside risks remain. If XRP fails to hold the $2.00 psychological support, a deeper correction could unfold. This would invalidate the recent breakout and potentially send the token back toward the $1.80 zone or lower, depending on broader market conditions. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? For now, all eyes are on whether XRP can consolidate gains above $2.00 and sustain enough momentum to challenge the next supply region. Traders should monitor volume and broader market cues for confirmation. Featured image from Dall-E, chart from TradingView
XRP, Cardano (ADA), and Solana (SOL) tokens are exhibiting technical strength in a signal of potential short-term price recoveries, data indicates.
XRP shows strong momentum with consistent higher lows and breakout volume suggesting further upside potential.
The digital asset market faced another challenging week, with $795 million in outflows recorded across crypto investment products, according to CoinShares‘ latest weekly report. This marks the third consecutive week of declines, underlining growing caution among investors navigating global economic headwinds. The ongoing streak of negative sentiment has pushed total outflows since early February to $7.2 billion. […]
The post Investors pull $795 million from crypto ETPs, XRP continues to buck trend with inflows appeared first on CryptoSlate.
The XRP price saw a rise in value over the weekend as bulls seemed to return to the table. Since the market has been low over the past few months, investors unsurprisingly took this as an opportunity to get out at a somewhat higher price. This has led to more negative networks over the last few days, adding even more red to the month of April that has been dominated by outflows. XRP’s April Outflows Cross $300 Million According to data from Coinglass, XRP has been struggling with negative net flows for the better part of April, recording more red days than green. Even the green days have been quite muted and have fallen short of the volumes recorded on the red days. With only 13 days gone out the month so far, there has already been more than $300 million in outflows recorded for the month already. Related Reading: Bitcoin Breaks Out: Chart Pattern Targets $96,200 To $102,100 As Next Big Test Zone So far, only four out of the 13 days have ended with positive net flows, coming out to $56.08 million in inflows for the month. In contrast, the other nine days have been dominated by outflows, coming out to $311 million by Sunday. This consistent outflow suggests that sellers are still dominating the market, which explains why the XRP price has continued to remain low throughout this time. Additionally, if this negative net flow trend continues, then the XRP price could suffer further crashes from here. However, in comparison to the last three months, the month of April seems to be recording a slow down when it comes to outflows. For example, months of January and March recorded $150 million outflow days, whereas the highest so far in April has been $90 million, which occurred on April 6. One More Dip Coming? While there has been a return of positive sentiment among XRP investors, bearish expectations still abound, although mainly for the short-term. Crypto analyst Egrag Crypto, a known XRP bull, has pointed out that the altcoin is likely to see another dip in price before a recovery. Nevertheless, the expectations for the long-term are still extremely bullish. Related Reading: Expert Analyst Warns Bitcoin/VIX Is Not Bullish: Bear Market Signals The crypto analyst highlights the possibility for the XRP price to dip to $1.4, but explains that he continues to hold his position. As for how high the price could go, the analyst maintain three major price targets: $7.50, $13, and $27. “For me, I follow the charts with a clear understanding that certain events will unfold, but I stay updated on the news to see what narratives are created to influence market movements,” Egrag Crypto explained. Featured image from Dall.E, chart from TradingView.com
XRP price started a fresh increase above the $2.050 resistance. The price is now consolidating and must settle above $2.20 for more gains. XRP price started a fresh increase above the $1.980 and $2.050 levels. The price is now trading above $2.080 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend gains if there is a close above the $2.20 resistance zone. XRP Price Eyes Fresh Gains XRP price managed to stay above the $1.880 support zone and started a fresh increase, like Bitcoin and Ethereum. The price climbed above the $1.980 and $2.00 resistance levels. A high was formed at $2.24 and the price recently started a downside correction. There was a move below the $2.120 support zone. The price dipped below the 23.6% Fib retracement level of the upward move from the $1.920 swing low to the $2.244 high. However, the bulls were active near the $2.080 support. The price is now trading above $2.100 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.10 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.1680 level. The first major resistance is near the $2.20 level. The next resistance is $2.250. A clear move above the $2.250 resistance might send the price toward the $2.320 resistance. Any more gains might send the price toward the $2.450 resistance or even $2.50 in the near term. The next major hurdle for the bulls might be $2.550. Another Decline? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.10 level and the trend line. The next major support is near the $2.080 level and the 50% Fib retracement level of the upward move from the $1.920 swing low to the $2.244 high. If there is a downside break and a close below the $2.080 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.920 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.100 and $2.080. Major Resistance Levels – $2.20 and $2.250.
XRP has staged an impressive recovery to reclaim the $2 price level after plunging to a weekly low of $1.657 in a steep midweek correction. The rebound comes at a crucial time for the cryptocurrency, with analysts paying closer attention to historical price behaviors and bullish technical patterns. Among them is EGRAG CRYPTO, a popular XRP analyst on X, who believes that the cryptocurrency could be on the cusp of a monumental surge reminiscent of its previous bull cycles in 2017 and 2021. The Power Of Time Cycles And Exponential Moving Averages EGRAG’s technical analysis focuses on a recurring structure seen in XRP’s past cycles, using the 21-period Exponential Moving Average (EMA) and 33-period Moving Average (MA) on the biweekly timeframe. According to his analysis, which was revealed on social media platform X, both the 2017 and 2021 rallies were preceded by similar technical setups: a sustained bottoming process lasting around 770 days followed by a bullish reversal. Related Reading: This Analyst Correctly Called The XRP Price Crash, Here Are The Next Targets These phases were marked by what he described as “blow-off tops,” where XRP posted parabolic gains after bouncing off the 21 and 33 exponential moving averages. The current market structure, EGRAG noted, aligns closely with those previous cycles. After a prolonged bearish trend and a second recorded “bearish cross” in 2022, XRP has once again moved above both the 21 EMA and 33 MA. In his view, this sets the stage for a similar breakout scenario, one that could play out before the end of 2025. EGRAG uses this pattern to suggest a timeline of roughly 770 days from the last major crossover in early 2022, placing the projected breakout target around September 29, 2025. XRP Can Surge To $45 Interestingly, EGRAG’s price prediction based on the premise of how a similar 2017 or 2021 movement can play out for XRP. In 2017, XRP posted a rally of approximately 2,700%, and in 2021, a slightly lower surge of about 1,050%. By mapping those gains onto the current price structure, EGRAG predicted two potential targets: a more conservative $19 level and a bold $45 level. Between these two targets is a mid-range target of $27 which he has previously favored. Related Reading: XRP Price Nears ABC Correction With Clear Targets For Buying However, the analyst warned that while chart patterns offer insight, they are not perfect predictors. In his own words, “Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire.” Still, the emotional patterns of market participants, human reactions and behaviors, tend to repeat to create opportunities where a previous price action might play out again, even if not 100%. The analyst ended his analysis with a strategic note to long-term holders and short-term traders alike, consider a Dollar-Sell-Average (DSA) approach when the XRP price starts to climb. At the time of writing, XRP is trading at $2.04, up by 2.6% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
Ripple Labs and its XRP token have been at the center of one of the most high-profile legal battles in crypto history. The lengthy dispute with the U.S. Securities and Exchange Commission (SEC), which began in December 2020, has shaped Ripple’s trajectory and raised broader questions about crypto regulation in the U.S. As Ripple and […]
The post As the Ripple SEC lawsuit nears resolution, ‘the end is finally here’ for XRP’s legal woes appeared first on CryptoSlate.
San Francisco-based Ripple has transferred 200 million XRP tokens, worth approximately $400 million, between company-controlled wallets. The massive movement occurred today and was first spotted by cryptocurrency tracking service Whale Alert. Related Reading: Bitcoin Maxi Takes Aim: Ethereum’s True Value? Lower Than You Think Tracking The Money Trail The transaction initially appeared to be heading to an unknown destination when Whale Alert reported the funds moving to an unidentified address ‘rP4X2…sKxv3’. But blockchain analytics platform Bithomp later clarified that both the sending and receiving wallets belong to Ripple. The receiving wallet was created by Ripple on October 2, 2023, with an initial funding of 70 million XRP. Since its creation, this wallet has only interacted with other Ripple-linked addresses, strengthening the evidence that this was an internal transfer rather than funds moving to an outside entity or exchange. ???? ???? ???? ???? ???? ???? ???? ???? ???? ???? 200,000,000 #XRP (402,739,474 USD) transferred from #Ripple to unknown wallethttps://t.co/cZz7k5fum8 — Whale Alert (@whale_alert) April 11, 2025 Why The Big Money Move According to crypto community figure XRP_Liquidity, who tracks Ripple’s token movements, the transaction represents standard treasury management – Ripple simply shifting money between its own accounts. The 200 million XRP tokens remain untouched at the receiving address, suggesting no immediate plans for their use. The receiving wallet now holds around 290 million XRP tokens, valued at about $577 million as of the current XRP price of $2.04 per token, based on figures by Coingecko. According to historical trends, the funds can be used for various purposes in Ripple’s business operations. They can be used to finance On-Demand Liquidity (recently renamed Ripple Payments), finance exchange-traded products that mirror XRP’s value, or give liquidity to cryptocurrency exchanges where XRP is listed. The Bigger Financial Picture The sending wallet didn’t empty its cash register with this transfer. It still contains 200 million XRP tokens. That wallet had received 300 million XRP on April 2 from another Ripple-linked address, which itself had received 500 million XRP from Ripple’s monthly escrow release. Ripple maintains most of its XRP holdings in escrow accounts, with programmed releases occurring monthly. The April release showed unusual timing compared to Ripple’s standard practice. Related Reading: XRP ETF Launch Impresses Even In Bear Market, Says Analyst Breaking From Routine Ripple broke from its traditional first-of-month schedule for its April token release. Instead of unlocking the funds on April 1, the company first returned 700 million XRP to escrow, then released 1 billion XRP on April 3. This shift in schedule runs counter to Ripple’s established tradition of releasing tokens on the first day of each month, although the company has not commented publicly on its reasoning for this timing change. The wallet transactions are significant, as XRP trades at over $2 per token, giving the cryptocurrency such a high valuation that even normal transfers are worth several hundreds of millions of dollars. These huge transfers are usually followed closely by crypto market watchers, as they can on occasion be indicative of any potential future market move or strategic decision taken by the company. Featured image from Gemini Imagen, chart from TradingView
In a newly published chart analysis, crypto analyst Egrag (@egragcrypto) posits that XRP may be on the cusp of a significant price breakout reminiscent of its previous cycle peaks. The data, which spans from late 2013 through 2025, highlights multiple instances in which XRP went through a protracted bear market before staging an explosive rally. Two particular examples stand out in Egrag’s assessment: the 2017 surge in which XRP rose over 2,700% from its pre-rally price levels, and the 2021 run-up that saw the asset climb by more than 1,000%. Egrag Predicts XRP Surge To $19–$45 The chart reveals a consistent framework that relies on the interplay between the 21-week Exponential Moving Average (EMA) and the 33-week Simple Moving Average (MA). These moving averages are shown crossing during bearish cycles and then eventually curving upward, implying the formation of a bottom. Related Reading: 62.8% Of XRP Realized Cap Held By New Investors: Sign Of Fragility? Historically, XRP’s final bullish legs—often culminating in “blow-off tops”—began once the price retook the 21 EMA and the 33 MA, with the 777-day (and in one instance, 770-day) window before those bullish crosses recurring as a noteworthy time cycle. “Men lie, women lie, but charts don’t,” says Egrag. “I’m not improvising here; I’m relying on historical data to present future predictions. Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire!” According to the chart, XRP has already mirrored some of the patterns seen in 2017 and 2021, a parallel that leads Egrag to posit two potential price targets if the token completes another blow-off top scenario. While he acknowledges various complicating factors, the analyst believes XRP could rally as much as 2,700%—taking the asset to approximately $45—or, in a more moderate iteration, 1,050% to just below $20. “Now, here’s my measured move: if #XRP mimics either of these cycles, we could see price movements of 2,700% or 1,050%, putting XRP around $45 or $19!” he notes, referencing the previous explosive expansions. Egrag cites past cycles to support these targets, pointing to how XRP found support at the 21 EMA in 2017 just before launching into its last blow-off phase. In 2021, the coin rallied once it decisively broke above both the 21 EMA and 33 MA. Related Reading: XRP Primed for a Comeback as Key Technical Signal Hints at Explosive Move To underscore the method behind using both indicators, Egrag adds that “market makers use the same moving averages to see where support and resistance are and act against us. So I am using different moving averages—one is fast (exponential) and one is simple—to understand price action better.” He emphasizes these signals are lagging indicators but can still confirm whether market sentiment is shifting from bearish to bullish. Notably, Egrag’s personal long-standing target for XRP has been $27. He underlines that nothing is guaranteed, especially in a market characterized by what he calls “human reactions and behaviors.” Quoting a line from the film Margin Call, he explains, “You cannot control it, stop it, or slow it, or even slightly alter it…you have to just react. Make a lot of money if you get it right, or you’ll be left by the side of the road if you get it wrong.” Yet he notes that it is wise to strategize selling—or “DCA (Dollar-Sell-Average)—if circumstances call for it, to mitigate risk. At press time, XRP traded at $2.00. Featured image created with DALL.E, chart from TradingView.com
The XRP price may be gearing up for a historic breakout as a long-term Symmetric Triangle pattern from 2017 resurfaces on the charts. If history repeats and a similar explosive move follows, a crypto analyst predicts XRP could skyrocket to an eye-popping $30. XRP Price Triangle Pattern Signals Breakout Above $30 A new technical analysis by Egrag Crypto, a crypto analyst on X (formerly Twitter), has stirred excitement among XRP supporters, suggesting that the digital asset may be on the brink of a historic price surge and that XRP could jump from its current market value of $2 to reach $30 soon. Related Reading: Crypto Pundit Reveals What Will Happen If XRP Price Does Not Break $2.3 While this figure may seem rather ambitious, Egrag Crypto has identified a massive Symmetrical Triangle formation on XRP’s monthly chart. Interestingly, the analyst has revealed that this pattern is strikingly similar to one that preceded XRP’s legendary 2,600% rally in the 2017 bull market. In the 2017-2018 bull market, XRP had surged to an all-time high of $3.84 in just months. Now, after years of tightening price action within a giant Symmetrical Triangle, the altcoin appears to be breaking out once again, and this time, the analyst predicts that the upside could be even more explosive. According to Egrag Crypto’s chart, if the asset mirrors its previous 2,600% triangle breakout, it could soar from the breakout zone around $1.20 to as high as $32.36. Notably, XRP’s Symmetrical Triangle formation is a classic consolidation pattern that usually results in a bullish surge in the direction of the prevailing trend. Currently, XRP’s all-time high is $3.84. A potential surge to $32.36 would represent a whopping 741.6% increase, propelling its price to a level far exceeding its historical peak. Bullish Pennants Strengthen Symmetrical Triangle Forecast Egrag Crypto’s bullish forecast for XRP is supported by a textbook diagram comparing bullish pennants and symmetrical triangles, both of which point to double target zones once a breakout occurs. The pattern suggests that once the altcoin escapes its multi-year consolidation, the analyst’s projected rally may play out in three stages: an initial pump, followed by a retracement, and a second explosive move. Related Reading: XRP Price Eyes 20% Move With Golden Pocket Appearance The XRP price chart shows a lower target, around $3.52, which aligns with the 1.0 Fibonacci retracement level. This indicates that the token could see a temporary rebound to 3.52, followed by a short-term pullback to the triangle breakout point at $1.20, before ultimately bouncing toward the projected $32.36 target. Notably, this movement aligns with XRP’s current market structure, where it has maintained long-term support and is now showing signs of upward momentum. While historical price patterns offer insights into potential moves, the predicted rise to $32.36 is uncertain, given the magnitude of such a rise. Featured image from Adobe Stock, chart from Tradingview.com
Market volatility saw traders chase options for hedging and speculative activities.
The filing signals a possible end to a high-profile dispute that has gripped the payments upstart industry since December 2020 for its sale of XRP tokens.
XRP price started a fresh increase above the $1.950 resistance. The price is now consolidating and must settle above $2.00 for more gains. XRP price started a fresh increase above the $1.880 and $1.950 levels. The price is now trading above $1.920 and the 100-hourly Simple Moving Average. There was a break above a short-term bearish trend line with resistance at $1.9750 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend gains if there is a close above the $2.00 resistance zone. XRP Price Eyes Fresh Gains XRP price managed to stay above the $1.780 support zone and started a fresh increase, like Bitcoin and Ethereum. The price climbed above the $1.880 and $1.950 resistance levels. A high was formed at $2.089 and the price recently started a downside correction. There was a move below the $2.00 support zone. The price dipped below the 23.6% Fib retracement level of the upward move from the $1.7210 swing low to the $2.0895 high. However, the bulls were active near the $1.920 support. The price is now trading above $1.950 and the 100-hourly Simple Moving Average. Recently, there was a break above a short-term bearish trend line with resistance at $1.9750 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.00 level. The first major resistance is near the $2.050 level. The next resistance is $2.0750. A clear move above the $2.0750 resistance might send the price toward the $2.120 resistance. Any more gains might send the price toward the $2.150 resistance or even $2.20 in the near term. The next major hurdle for the bulls might be $2.320. Another Decline? If XRP fails to clear the $2.00 resistance zone, it could start another decline. Initial support on the downside is near the $1.950 level. The next major support is near the $1.920 level. If there is a downside break and a close below the $1.920 level, the price might continue to decline toward the $1.90 support and the 50% Fib retracement level of the upward move from the $1.7210 swing low to the $2.0895 high. The next major support sits near the $1.850 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.950 and $1.90. Major Resistance Levels – $2.00 and $2.0750.
Ripple and the SEC have reached an agreement-in-principle, and are waiting for approval from the Commission.
Short sellers in the crypto market were hit hard on April 9, suffering their third-largest loss of 2025 after Bitcoin staged an unexpected rally. The surge followed President Donald Trump’s sudden decision to pause tariffs for 90 days on most countries, excluding China. After a week of heavy selling, this move sparked a swift rebound in […]
The post Donald Trump’s tariff pause sparks huge short liquidations and insider trading probe appeared first on CryptoSlate.
Despite breaking above $3 earlier this year, the XRP price has since gone on to disappoint investors with multiple crashes that have rocked the altcoin. This has seen the cryptocurrency lose almost 50% of its acquired value between late 2024 and early 2025. Nevertheless, this has failed to erode bullish sentiment, with predictions for higher prices dominating the community. Time To Go Long On The XRP Price? A crypto analyst on X (formerly Twitter) has renewed bullish hope after identifying an important formation on the XRP price chart. The analysis pointed out that the XRP Price is still moving within a descending channel, a formation that usually signals a bearish move. Related Reading: Major Ethereum Whale Dumps 10,000 ETH After 2 Years, Is It Time To Get Out? However, the downtrend has pushed the altcoin’s price to the point where it is now testing the bottom trend line. This bottom trend line has been known to act as strong support previously and is expected to do so this time around. With the support forming, it is likely that the XRP Price is gearing up for a bounce from this level. Furthermore, the crypto analyst points out that XRP is also forming a rounded bottom inside this descending channel. Such a rounded bottom could signal an end to the downtrend from here. As the formation grows, the main level of support is now sitting at $1.6. So far, this level has held up quite nicely and bulls have been using it as a bounce-off point for recovery. Given this, the crypto analyst advises that entries for the XRP price are best at around $1.70 to $1.85. This is not the only good news for the XRP price with support forming. If it holds and the altcoin does indeed bounce from this level toward $2, then the next important levels lie between $2 and $2.2. These serve as the levels for the bulls to beat to confirm a bullish continuation toward a possible all-time high. If the bulls are successful, then three profit targets are placed by the crypto analyst. These include $2.3385, $2.8160, and $3.3062, pushing it toward January 2025 highs. Related Reading: Uncertainty Rocks Market As ETH/BTC Drops To 6-Year Low, Where Is Bitcoin Headed Next? The Bearish Case While the analysis is inherently bullish, there is still the possibility of invalidation that could send the XRP price tumbling further. As the analyst points out, the major support currently lies at $1.6. This means that bulls must hold this level. Otherwise, there is the risk of a much deeper correction as a liquidity sweep could send support further down to $1.3. Nevertheless, with buy sentiments building once again, it is likely that XRP will follow the bullish scenario in this case. Chart from TradingView.com