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As one of the top-performing digital assets in the 4Q of 2024, it’s only natural that Ripple’s XRP attracts attention from its detractors and bullish supporters. The bearish sentiment has been wearing down the asset in the last few weeks, pushing the altcoin to as low as $1.96 last March 11th, the lowest in its three-month chart. XRP has been highly volatile this month, trading between $2.30 and $2.47, still down by 1.6% from its previous month’s price.  Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? The sentiment is still bearish, but for some crypto analysts like Captain, XRP is set to increase, with $100 as its realistic target. Egrag Crypto, on the other hand, offers a more conservative estimate, saying that XRP can reach double digits this cycle. #XRP 100$ Realistic Target For This Bullrun ???? pic.twitter.com/lh403ilBjJ — XRP CAPTAIN (@UniverseTwenty) March 15, 2025 Analyst Sets $100 As ‘Realistic’ Target In a recent Twitter/X post, XRP Captain (@UniverseTwenty) shared that $100 is Ripple’s realistic target this cycle. The post has now received dozens of replies, but it leaves more questions than answers. For example, the crypto analyst failed to identify the timeframe for this surge or the factors or events that can trigger this surge. XRP Captain’s latest tweet comes just as Egrag Crypto (@egragcrypto) added his thoughts on the coin’s direction. In the Twitter/X thread, Egrag Crypto boldly claims that XRP will hit double digits this cycle and surge to triple digits next. #XRP = Thread (1/7) #XRP: Double Digits This Cycle, Triple Digits Next! The thread below about #XRP was shared in the Subscribers section on February 12, 2025. We’ve built together the Full Elliot Wave Count to assess our next Targets: ????✨ Take an in-depth look at it! ????… pic.twitter.com/NKv00Y5MZD — EGRAG CRYPTO (@egragcrypto) March 12, 2025 To justify his predictions for the short term, Egrag Crypto used his “Just Do It” chart. He explained that the measured wave or cup pattern movement has formed within the arc, then added that the potential to this movement is $13. Related Reading: XRP $15 Breakout? Not A Far-Fetched Idea—Analysis Will XRP Break Past $300? Ripple has a few bullish supporters right now, with crypto commentator Dark Defender adding his thoughts on the asset’s latest performance. According to Dark Defender, XRP can surge to $333 if it duplicates its impressive performance during the 2017 bull run.  Dark Defender’s arguments and predictions for XRP received plenty of criticism. Some argue that XRP will not achieve this market price due to its market cap. Based on the current circulating tokens, XRP’s market cap will hit $1.6 trillion if its price just hits $280. Dark Defender shot down this argument and added that a crypto market cap doesn’t matter and is “just an illusion.” Featured image from Pexels, chart from TradingView

Recent data has shown what the XRP price would be if it flips Ethereum’s market cap. Such a development would also lead to a new all-time high (ATH) for XRP. Meanwhile, crypto experts have given their opinions on whether XRP could indeed flip Ethereum.  How High The XRP Price Would Be If It Flips Ethereum’s Market Cap MarketCapOf data shows that the XRP price could reach as high as $3.94 if it flips Ethereum’s market cap. This is significant as a rally to this price level would mark a new ATH for the asset.  Flipping ETH’s market cap also means that XRP will become the second largest crypto by market cap.  Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge The XRP price is already on the heels of the Ethereum price. It currently occupies the number four spot with a market cap of $135 billion while ETH boasts a market cap of $227 billion. Crypto analyst Egrag Crypto had previously predicted that the altcoin will flip ETH in this market cycle. In a recent X post, the analyst suggested that it will still likely happen.  He asserted that the XRP price’s dominance is exhibiting “tremendous strength” as it is on the verge of closing above the 2021 high of 6%, surpassing Fib 0.5. The analyst added that a close above that level would be super bullish since Fib 0.5 is a critical level. Egrag Crypto predicts that the altcoin could surge straight to Fib 0.888 if it successfully closes above 0.5. He noted that this would align with the highs from 2015.  The analyst stated that this prediction for the XRP price isn’t just speculation. He seems confident in this prediction because of the asset’s utility. While Egrag Crypto believes XRP could flip Ethereum, crypto expert Ansem argues that XRP can never flip Ethereum because its use cases cannot be compared to ETH’s, which boasts a robust ecosystem.  The $2 Support Level In The Spotlight Crypto analyst Ali Martinez has again highlighted the importance of the $2 support level. He noted that the price is shaping up a head-and-shoulders pattern on the weekly chart, which spotlights the $2 support level, as holding this price level is crucial. His accompanying chart showed that XRP could drop to as low as $1.2 if it loses this support.  Crypto analyst Dark Defender also highlighted $2.04 and $2.22 as the critical support levels for the asset. He suggested that it was important for XRP to hold above these price levels as it eyes a rally to the upside targets at $4.2932 and $5.8563. A rally to as high as $5 could see it flip Ethereum, especially if the latter continues to underperform.  Related Reading: XRP Price Eyes 40% Gains, Analyst Reveals The ‘Best Level’ To Buy And Hold At the time of writing, the XRP price is trading at around $2.3, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com

XRP has struggled to gain momentum, with its price caught in a downtrend since the beginning of March. Although XRP has managed to push up in the past five days after reaching a low of $1.93 on March 11, it has yet to fully recoup its losses in the first week of the month.  Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? The altcoin’s long-term prospects are still on bullish speculation, but its short-term price action has frustrated traders looking for signs of a breakout. Amid this stagnation, crypto analyst Egrag Crypto has outlined specific price levels that could determine whether XRP finally reverses its course. Analyst Identifies $2.65 As Key Level Before XRP Can Challenge $3.00 Egrag Crypto, a long-time bullish advocate for XRP, recently took to social media platform X to outline key price levels that could determine the cryptocurrency’s next significant move. He identified $2.65 as the first critical threshold the coin must reclaim to sustain meaningful bullish momentum. However, the analyst expressed concern over XRP’s repeated tests of lower boundaries, which is in reference to the recent bottom at $1.93. According to the analyst, the frequent retests of this support level are a double-edged sword. While multiple touches on resistance can eventually trigger a breakout, repeated tests of support weaken its integrity, increasing the likelihood of a breakdown. He likened this pattern to knocking on a door that would eventually open or break. He highlighted six instances of XRP retesting this zone since December 2024 on a 12-hour candlestick chart, warning that prolonged weakness could pave the way for further downside. For the crypto to escape this cycle and shift into bullish territory, Egrag emphasized the importance of a strong close above $3.00, not just a brief move past it. This level has served as the upper resistance trendline for the past two weeks and has been a barrier to any sustained uptrend. Failure to break and hold above $3.00 could cause continued correction in the short term and keep XRP trapped in its current range. However, the analyst believes XRP’s chances of reaching $3.00, considering the current price action, are slim without securing a close above $2.65. Image From X: EGRAG CRYPTO   What’s Next For XRP After $3? March has been particularly bearish for XRP, with sellers maintaining control as it failed to reclaim lost ground. However, if XRP bulls manage to close above $3 before the end of the month, it will open up the door for the resumption of a price rally. With this in mind, Egrag set an initial target of $4.80, placing XRP at new all-time highs. Related Reading: XRP $15 Breakout? Not A Far-Fetched Idea—Analysis Interestingly, this target is modest compared to the analyst’s more ambitious long-term projections. Egrag has previously predicted that XRP could surge to $110 in the long term. At the time of writing, XRP is trading at $2.37 and is still 26.5% away from reaching $3. Featured image from Crypto Logos, chart from TradingView

After dropping to less than $2 last March 11th, Ripple’s XRP springs back to life and it’s currently trading between $2.30 and $2.40. And with the US Securities and Exchange Commission vs Ripple case nearing its resolution, the market can expect more price volatility for this digital asset. Related Reading: 200 Million XRP On The Move—Is Ripple Preparing For A Big Play? Within this context, market analyst Ali Martinez boldly claims that Ripple’s native coin still have the legs to hit a two-digit figure this cycle, using an extensive symmetrical triangle formation as a solid basis.  Martinez’s view runs opposite the bearish statements from other commentators. XRP has been on a slide lately, affected by the broader crypto fall, dipping by around 25% from its $3.40 high achieved mid-January. XRP Gradually Builds Its Symmetrical Triangle Like most cryptos, XRP continues to have a highly volatile market performance. The token attempted a recovery early this month but met resistance, leading to a steep decline on March 11th. Interestingly, a few commentators remain bullish on the altcoin, including Martinez, who sees the token on track to reach $15. This is why $XRP can still reach $15! pic.twitter.com/vkIiR0rnpU — Ali (@ali_charts) March 14, 2025 In his latest commentary, shared via a Twitter/X posting, Martinez highlighted the seven-year symmetrical triangle formed by this asset, which dates back to January 2018, when it dropped from its $3.80 high. Even before Martinez shared this observation, several commentators reported the triangle’s formation, suggesting that a breakout could lead to a price run. The Ascending Trendline According to Martinez, XRP formed its lower highs in January 2018, extending the descending trendline on top. As the crypto witnessed higher lows during this time frame, it extended its ascending trendline below, creating a symmetrical triangle. Interestingly, XRP exited the symmetrical triangle structure following the November US elections. Ripple’s native token surged by 280% for the month, marking the biggest 30-day increase for the asset in seven years. Along with surprising traders, this breakout inspired fresh hope among XRP enthusiasts. While some experts noted that past breakouts do not automatically ensure continuous rallies, many saw this spike as evidence of possible long-term strength. Still, the dramatic price fluctuation sparked conversations on XRP’s future, particularly in light of further government changes and more general market movements. Ripple’s XRP is currently trading at $2.37, which is 2% up in the last seven days.  Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? XRP Currently Retesting A Breakout After two months of upside, Ripple’s XRP is on a downturn, reflecting the broader crypto market sentiment. According to Martinez, XRP’s price is currently retesting the triangle chart breakout. He also suggested that even if XRP slips below $2, it’s still on track for a breakout, as long as it stays above $1. Armed with the charts, Martinez believes that XRP hitting $15 is not a far-out idea.  Featured image from StormGain, chart from TradingView

The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.  Analyst Predicts New XRP Price Target To $110 In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Firstly, Egrag Crypto outlines XRP’s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase. In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency.  Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.  For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3’s price high. This correction would mark a 65% drop from Wave 3’s peak, bringing the cryptocurrency’s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4.  Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.  Bollinger Bands Creator Says The Asset To Become Leader In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles. Related Reading: Analyst Says Only Buy XRP If It Reaches This Level  Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

XRP price started a fresh recovery wave above the $2.120 zone. The price is now consolidating and might clear the $2.350 resistance zone. XRP price started a fresh recovery wave above the $2.120 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.350 resistance zone. XRP Price Eyes Steady Increase XRP price remained supported and started a recovery wave above the $2.00 zone, like Bitcoin and Ethereum. The price was able to clear the $2.050 and $2.120 resistance levels. There was a move above the $2.250 resistance. However, the bears are now active near the $2.350 resistance zone. A high was formed at $2.348 and the price recently started a consolidation phase. There was a test of the 23.6% Fib retracement level of the upward move from the $1.90 swing low to the $2.348 high. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.30 level. The first major resistance is near the $2.350 level. The next resistance is $2.450. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.650 in the near term. The next major hurdle for the bulls might be $2.80. Another Drop? If XRP fails to clear the $2.350 resistance zone, it could start another decline. Initial support on the downside is near the $2.250 level and the trend line. The next major support is near the $2.120 level and the 50% Fib retracement level of the upward move from the $1.90 swing low to the $2.348 high. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 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 – $2.250 and $2.120. Major Resistance Levels – $2.350 and $2.450.

Crypto analyst CW23 has revealed that the XRP price is hinting at a symmetrical triangle, which provides a bullish outlook for the crypto. However, he warned that a price crash could occur before XRP breaks out of this triangle and rallies to the upside.  XRP Price Hints At Symmetrical Triangle  In a TradingView post, CW23 revealed that a symmetrical triangle may be forming for the XRP price. This came as he noted that XRP is bouncing off the bottom of an ascending channel, with the pinbar candle on the 4-hour chart now in upward pressure having tested the bottom. The analyst added that the crypto will probably trade in this range for a while.  Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation However, CW23 stated that a symmetrical triangle is forming and it could be a larger wave 4 pullback in the Elliot wave before wave 5 takes the XRP price to a new all-time high (ATH) to round out this year’s bull cycle. The analyst’s accompanying chart showed that XRP could drop to as low as $1.70 on wave 4. Meanwhile, the asset is projected to rally to a new ATH of $5 on wave 5.  Crypto analyst ElmoX also recently predicted that the XRP price could witness a massive corrective and drop below $2 before it rallies to new highs. The analyst provided a more bullish outlook for XRP, predicting it could rally to as high as $20 in this market cycle. However, he warned that the crypto would face major resistance at $2.9 on its way to a new ATH.  The Altcoin Has Finalized Its Correction In an X post, crypto analyst Dark Defender stated that the XRP price has finalized the correction on the four-hour time frame. He mentioned that XRP is expected to move towards $2.42 first considering the correction structures. The analyst also affirmed that the real move to the upside will start after XRP climbs above the Ichimoku clouds.  Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor Dark Defender highlighted $2.22 and $2.04 as the support levels to watch out for while he stated that $4.2932 and $5.8563 are the targets which the XRP price could rally to. Crypto analyst CasiTrades highlighted the importance of the altcoin holding the support levels at $2.04 and $2.11.  She added that a hold above either of these levels is critical to maintaining the consolidation. Meanwhile, the analyst revealed that the next resistance levels are $2.25 and $2.70, which happens to be the next breakout level. CasiTrades also assured market participants that the price is still bullish, indicating it is still well primed to reach new highs.  At the time of writing, the XRP price is trading at around $2.24, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

XRP bulls are making a strong push, but the $2.2546 resistance level is proving to be a tough barrier. After a steady upward climb, buying momentum has weakened as sellers step in to defend this key level. A successful breakout could signal a continuation of the uptrend, driving XRP toward new highs and reinforcing positive sentiment in the market. However, if buyers fail to overcome this hurdle, XRP may face a pullback, with traders eyeing lower support levels for stability. Market participants are closely monitoring whether the bullish momentum is strong enough to push past the resistance or if selling pressure will force a temporary retreat. Market Sentiment And XRP’s Resistance Struggle Market sentiment remains a key factor in XRP’s ongoing battle against the $2.2546 resistance level. While bulls try to drive the price higher, the lack of strong follow-through suggests lingering uncertainty among traders. The resistance level has become a critical test, with buyers needing to sustain momentum to confirm a breakout. Related Reading: XRP Faces Bearish MVRV Crossover—Price Plunge To Continue? Broader market conditions, including Bitcoin’s movement and overall investor confidence, are influencing XRP’s price action. A surge in trading volume and renewed buying pressure could provide the necessary strength for a breakout. However, if sellers continue to defend this level, XRP may struggle to gain further ground, leading to potential profit-taking and a short-term pullback. Furthermore, after crossing above the 50% mark, the RSI is now dipping below it, creating uncertainty among traders. This shift reflects a tug-of-war between buyers and sellers, leaving XRP in a state of market indecision. Without a clear directional push, price movement could remain volatile as traders await stronger signals for the next move. For the bulls to regain control, market sentiment must shift decisively in their favor, with technical indicators aligning to support an upward push. Until then, XRP remains at a crossroads, with both breakout and rejection scenarios still in play. Breakout Potential: What Needs To Happen? For XRP to break above the $2.2546 resistance level, bulls must generate strong momentum backed by increasing buying pressure. A sustained push beyond this critical level, confirmed by a decisive daily close, might set the stage for further gains.  Its ability to stabilize above $2.2546  may attract more traders looking to ride the breakout, potentially driving the price toward higher targets such as $2.6482 and $2.9272. Related Reading: XRP Faces Make-Or-Break Moment Amid Bearish Threat Also, XRP’s price must break above the 100-day SMA, and the RSI needs to rise above the 60% threshold. Breaking above these levels could pave the way for more growth, while failure to do so may leave XRP vulnerable to consolidation or a pullback. Featured image from Pexels, chart from Tradingview.com

A new XRP price forecast has emerged, offering insights into the cryptocurrency’s next bearish move. A crypto analyst who previously predicted XRP‘s crash below $2 has provided a more comprehensive outlook, outlining key support and resistance areas that will determine XRP’s next target.  According to TradingView crypto analyst, ‘MMBTrader,’ the XRP price is set to dump below the $2 threshold. As of writing, CoinMarketCap reports that XRP is trading at $2.2, reflecting a modest 3% increase in value in the last 24 hours.  XRP Price Projected To Crash To $1.5 Notably, the cryptocurrency is gradually giving up gains, negatively impacted by the broader market downtrend and lack of bullish drivers. MMBTrader has shared a technical chart supporting his bearish prediction for the XRP price.  Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring The TradingView crypto expert has identified a Head and Shoulder pattern on the XRP daily chart, consisting of three peaks: left shoulder, head, and right shoulder. Typically, a classic Head and Shoulder pattern is considered one of the most common indicators of a potential price breakdown, with the price of a cryptocurrency expected to reverse from bullish to bearish.  Looking at the price chart, a break below the pattern’s neckline around the $1.95 price point would confirm XRP’s bearish position. If the cryptocurrency fails to hold the $1.95 support level, a sharp drop, possibly up to 50%, is expected. This massive crash would effectively place the price around the $1.5 level or even as low as $1.2. While he expects a possible crash to $1.5, MMBTrader also projects an alternative bullish scenario in which the XRP price initiates a strong rebound. The analyst revealed that if the cryptocurrency consolidates near $2 without breaking lower, then a bounce to new highs could follow. Additionally, the TradingView expert believes that the asset could also experience a significant rally toward $5 after its projected 50% price crash. He highlights that if XRP can hold the support level near $1.5, then a strong reversal could occur, potentially triggering a bullish move between $4 and $4.5. Whales Scoop Up $385 Million Amid Market Downtrend While XRP experiences slow momentum due to the market’s recent decline, whales are seizing the opportunity to buy the dip, accumulating a significant amount of the token. According to crypto analyst Brett, an XRP whale has executed a large-scale transaction, buying over 167 million XRP, valued at $368.4 million, in a single purchase. Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation Brett revealed that this whale purchase was made as the market panicked over increasing volatility and price declines. Over the past few weeks, XRP has struggled to recover from bearish trends, joining the ranks of top cryptocurrencies like Bitcoin and Ethereum, which recorded a major price crash earlier in February. CoinMarketCap’s data shows that the the altcoin’s price has fallen by 11.6% in just one week. This decline comes as the broader crypto market faces massive liquidations totaling hundreds of millions of dollars. Featured image from Adobe Stock, chart from Tradingview.com

XRP price started a fresh recovery wave above the $2.00 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh recovery wave above the $2.120 resistance zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $2.188 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.250 resistance zone. XRP Price Eyes Upside Break XRP price remained supported and started a recovery wave from the $1.90 zone, like Bitcoin and Ethereum. The price was able to clear the $2.00 and $2.050 resistance levels. There was a move above the $2.120 resistance. The price surpassed the 50% Fib retracement level of the downward wave from the $2.365 swing high to the $1.90 low. However, the bears are now active near the $2.250 resistance zone. The price is now trading above $2.150 and the 100-hourly Simple Moving Average. There is also a short-term bullish trend line forming with support at $2.188 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.250 level. It is near the 76.4% Fib retracement level of the downward wave from the $2.365 swing high to the $1.90 low. The first major resistance is near the $2.3650 level. The next resistance is $2.450. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.650 in the near term. The next major hurdle for the bulls might be $2.80. Another Decline? If XRP fails to clear the $2.250 resistance zone, it could start another decline. Initial support on the downside is near the $2.1880 level and the trend line. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 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 – $2.180 and $2.120. Major Resistance Levels – $2.250 and $2.350.

XRP price started a fresh recovery wave from the $1.90 zone. The price is now showing positive signs and might clear the $2.250 resistance zone. XRP price started a fresh decline from the $2.200 resistance zone. The price is now trading below $2.1850 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with resistance at $2.250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.250 resistance zone. XRP Price Dips Further XRP price started a fresh decline after it failed to clear the $2.20 zone, like Bitcoin and Ethereum. The price declined below the $2.120 and $2.050 support levels. The bears even pushed the price below $2.00. A low was formed at $1.90 and the price recently started a decent upward move. There was a move above the $1.980 and $2.00 resistance levels. The price surpassed the 50% Fib retracement level of the downward wave from the $2.365 swing high to the $1.90 low. The price is now trading below $2.1850 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.250 level. There is also a short-term rising channel forming with resistance at $2.250 on the hourly chart of the XRP/USD pair. The 76.4% Fib retracement level of the downward wave from the $2.365 swing high to the $1.90 low is also near the $2.250 level. The first major resistance is near the $2.350 level. The next resistance is $2.420. A clear move above the $2.420 resistance might send the price toward the $2.450 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.650. Another Decline? If XRP fails to clear the $2.250 resistance zone, it could start another decline. Initial support on the downside is near the $2.150 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.120 and $2.050. Major Resistance Levels – $2.250 and $2.350.

Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will eventually break this resistance and rally to as high as $20.  XRP Price Faces Resistance At $2.9 But Could Still Rally To $20 In a TradingView post, ElmoX outlined two scenarios for the XRP price as it eyes a rally to $20, although he noted that the crypto will retest the major resistance at around $2.92 either way, on its way to a new all-time high (ATH).  For the first scenario, the analyst stated that XRP would break this resistance and then skyrocket to $20.  Related Reading: XRP Price Can Fall Further To $1.5 If This Level Fails To Hold Meanwhile, in the second scenario, ElmoX stated that the XRP price could face another rejection, sending it below the $1.5 level before it witnesses a bullish reversal and rallies to a new ATH. The analyst revealed that he is betting on this second scenario since there is usually a swift crash before an impulsive move to the upside.  ElmoX remarked that the XRP price has barely corrected, which is also why he believes there could still be a massive crash before a rally to a new ATH. Meanwhile, the analyst didn’t provide an exact timing for the potential price correction and subsequent rally to a new ATH and the $20 price target.  Instead, he simply told market participants to be patient. He further warned that the XRP price might sit in price discovery until at least mid-July. His accompanying chart showed that XRP will first drop to as low as $1.20 before it witnesses an impulsive move to as high as $20.  The Altcoin Records A Bullish Close In an X post, crypto analyst CasiTrades noted that although the XRP price briefly broke below the $2 trendline, the candle closed back above this trendline, reclaiming the consolidation range. She remarked that this is exactly what bulls needed to see. However, the analyst added that a confirmation is needed with XRP holding the range between $2 and $2.03 as support.  Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge CasiTrades stated that a breakdown from consolidation usually leads to further downsides, but the XRP price managed to recover the level quickly, showing that buyers are stepping in. She also noted that the bullish divergence is still holding up to the 1-hour RSI even after the dip with selling pressure weakening, which suggests a shift in momentum is possible.  If the XRP price holds the support between $2 and $2.03, CasiTrades predicts that the crypto could bounce and rally toward $2.25 and $2.70. On the other hand, if XRP loses this level, she stated that the next major support sits at $1.90 which is the 0.5 Fibonacci retracement level. Meanwhile, there is also the possibility that XRP could drop to the 0.618 Fib retracement level at $1.54.  At the time of writing, the XRP price is trading at around $2.10, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone. XRP price started a fresh decline from the $2.250 resistance zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.06 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.10 resistance zone. XRP Price Dips Further XRP price started a fresh decline after it failed to clear the $2.250 zone, like Bitcoin and Ethereum. The price declined below the $2.10 and $2.050 support levels. The bears even pushed the price below $2.00. A low was formed at $1.90 and the price is now attempting to recover. There was a move above the $1.950 and $1.980 resistance levels. The price surpassed the 23.6% Fib retracement level of the downward move from the $2.260 swing high to the $1.90 low. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.060 level. There is also a connecting bearish trend line forming with resistance at $2.06 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.080 level or the 50% Fib retracement level of the downward move from the $2.260 swing high to the $1.90 low. The next resistance is $2.120. A clear move above the $2.120 resistance might send the price toward the $2.1750 resistance. Any more gains might send the price toward the $2.20 resistance or even $2.250 in the near term. The next major hurdle for the bulls might be $2.450. Another Decline? If XRP fails to clear the $2.080 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 $1.90 level. If there is a downside break and a close below the $1.850 level, the price might continue to decline toward the $1.80 support. The next major support sits near the $1.750 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.950 and $1.900. Major Resistance Levels – $2.080 and $2.1750.

XRP has been caught in the broader market downturn over the past week, shedding 19% of its value amid a wave of bearish sentiment. This downturn comes despite the fact that many analysts remain optimistic about its long-term prospects. One particular technical analyst has now weighed in on when it would be wise to buy XRP, warning that its short-term outlook is shaky and its price may continue declining. Analyst Identifies The Ideal Buy Zone For XRP The past week has been challenging for XRP holders as the token has struggled to maintain key support levels. Its inability to hold these levels has pushed it closer to the $2 mark. However, the latest technical analysis suggests that this decline may not be over yet, and a further downside movement appears likely. Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring This XRP price decline has caused growing uncertainty among many retail investors, especially because XRP is increasingly becoming the choice of coin for retail investors in this cycle. Given XRP’s growing reputation as a retail favorite and its long-term bullish potential, this decline would be the best time for bullish investors to load up on more tokens. However, a crypto analyst recently warned that the current price is not the ideal entry point for those looking to capitalize on the coin’s bullish potential. Although XRP is one of the most promising cryptocurrencies from a technical perspective, the timing of purchases is also important. In a post on X, the analyst noted that XRP is the “retail coin,” often drawing attention from new investors who are convinced it will reach extreme price levels like $100. Despite this bullish momentum, he cautioned against buying at current prices, stating that the best time to enter would be if XRP dips to the $1.6 to $1.5 range. What this means is that the current trend suggests more downside movement in the short term, and it would be wiser to wait more before accumulating. Long-Term Bullish Case Despite Short-Term Weakness Even as XRP’s short-term outlook appears bearish, the analyst remains aligned with those expecting a major price surge in the future. Several technical analyses have painted an optimistic picture, with some projections placing the altcoin well beyond the double-digit threshold. One analyst, in particular, has even predicted a rally to $27 despite the ongoing market downturn. Related Reading: Crypto Pundit Reignites $100 XRP Price Target, What You Should Know The idea that XRP could eventually reach double and triple-digit valuations continues to attract investor interest, but this projection depends on market conditions and broader adoption trends. In the meantime, holders are struggling, without much success, to prevent a decline. At the time of writing, XRP is trading at $2.16, down by 7.04% in the past 24 hours. The onus now is on whether the price can hold above $2. Even if it breaks below this level, it only opens up the possibility of an accumulation range between $1.6 to $1.5. Featured image from Adobe Stock, chart from Tradingview.com

The price of XRP has recorded a significant downtrend in the last 24 hours, declining by almost 5% according to data from CoinMarketCap. Amidst this price fall, renowned market analyst Ali Martinez has stated there is a strong bearish pattern forming on the XRP price chart signaling further price drops ahead. Related Reading: XRP Could Start An Explosive Move To $33 Within 28 Days, Says Analyst XRP Faces Bearish Breakdown As Head-And-Shoulders Pattern Emerges Over the last week,  XRP investors have witnessed both sides of the crypto market volatility after a spontaneous 30% surge to $3.00 was followed by a bearish price action of almost equal strength. Currently, XRP trades at around $2.30 in a downtrend signaling a dominant selling pressure. Commenting on the current state of the market,  Ali Martinez stated that XRP’s price action on its daily chart is forming a head-and-shoulders pattern suggesting an incoming heavy price fall. For context, the head-and-shoulders pattern is a common reversal signal, that appears at the peak of an uptrend before a significant downtrend begins. This bearish formation starts with the left shoulder which is an initial price peak followed by a moderate pullback. This can be seen with XRP’s price action in late 2024 after it surged to around $2.70 in early December before the general market correction. Thereafter, there is the head component which represents a higher price peak i.e. the current local market top at $3.40, followed by another decline. Finally, the head and shoulders pattern is completed by the right shoulder formed by XRP’s choppy price action in the last week. The altcoin is now on a downtrend putting many traders on alert for a potential substantial price crash. However, despite the head-and-shoulders pattern, a bearish signal can only be confirmed when XRP breaks decisively below the neckline at $2.20. In this case, Martinez warns the crypto asset could fall as low as $1.20, representing a potential 50% fall from XRP’s local highs seen in February. In neutralizing this bearish projection, XRP bulls must provide enough market demand to push the coin past the right shoulder peak of $3.00, signaling momentum for a prolonged price uptrend. XRP Market Overview At press time, XRP trades at $2.34 following a 4.56% decline in the last 24 hours. However, its weekly chart reflects gains of 9.44% pushing the asset into minor monthly gains of 0.34%.  The fourth largest cryptocurrency has recently dipped below its 100-day Simple Moving Average correlating with fears of a sustained price fall. However, the XRP community remains largely bullish according to CoinMarketCap data. Related Reading: Bitcoin Price Forecast: LTF Head And Shoulders Pattern Predicts Crash – Here’s The Target Featured image from Bitcoin Sistemi, chart on Tradingview

The XRP market has experienced some significant bullish action in the past week with prices rising by 7.05%. Amidst this surge, popular market analyst Egrag Crypto has provided an interesting bullish prediction highlighting two potential price targets for the altcoin. Related Reading: Solana (SOL) Crashes 15% After Massive Profit-Taking Spike XRP Price Outlook: Analysts Eye $9.7 And $27 Breakout Targets In an X post on March 7, Egrag Crypto shared an audacious technical analysis of the XRP price action suggesting the altcoin may be gearing up for a major price upswing following recent gains. Egrag Crypto’s positive prediction is based on XRP’s potential ability to repeat a price surge from its 2017-2018 bull cycle. While past performance does not guarantee future results, the repeating nature of market cycles has led certain analysts to believe that XRP could experience another parabolic move. Notably, in early 2018, XRP moved from a breakout range of $0.35-$0.39 to a local market peak of around $2.89. However, for XRP to show any potential in validating a repeat of this price surge, market bulls must reclaim the $3.4 price level, which represents the local peak of the current bull cycle.  Using this price level as a reference point, Egrag Crypto identifies $9.7 as the first major price target for XRP, mirroring the midpoint of its 2017–2018 breakout. The analyst explains that for investors looking to take profit, it would be ideal to sell at or around this price level i.e. $8, $9, $10, rather than waiting for an exact market peak. The second, more intriguing target would happen if XRP produces an exact 718% price surge, suggesting a potential price target of approximately $27. Related Reading: SUI Rallies 10% After Securing Deal With Trump Finance Arm XRP Price Overview At the time of writing, XRP trades at $2.34 reflecting a 5.34% decline in the past 24 hours. However, its daily trading volume has increased by 8.56% and is now valued at $8.63 billion.  In realizing Egrag Crypto’s bullish prediction, the altcoin must push past immediate resistance levels at $2.62 and $3.0 before a fated encounter at the $3.4 price barrier. Furthermore, there must be a significant increase in buying volume and market participation. Other potential bullish factors include a clear regulatory stance around XRP. While its addition to the US digital assets stockpile is a much-welcome development, a termination of the SEC’s appeal case against Ripple would erase all regulatory and legal concerns around XRP. Finally, a widescale bull run across the crypto market is another potential bullish driver. Notably, XRP was one of the best-performing crypto assets in the late Q4 2024 crypto rally, rising by over 460% in three weeks following the US elections. Featured image from iStock, chart from Tradingview

XRP price started a fresh recovery wave from the $2.20 zone. The price is now consolidating and might struggle to clear the $2.50 resistance zone. XRP price started a decent upward move from the $2.20 support zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2.550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.5350 resistance zone. XRP Price Faces Hurdles XRP price started a recovery wave from the $2.20 zone, like Bitcoin and Ethereum. The price was able to climb above the $2.40 and $2.50 resistance levels. However, the bears were active near $2.640. The price corrected some gains and dipped below $2.550. There was a break below a connecting bullish trend line with support at $2.550 on the hourly chart of the XRP/USD pair. The pair dipped below the 50% Fib retracement level of the upward move from the $2.211 swing low to the $2.6390 high. The price is now trading below $2.550 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.50 level. The first major resistance is near the $2.5350 level. The next resistance is $2.640. A clear move above the $2.640 resistance might send the price toward the $2.720 resistance. Any more gains might send the price toward the $2.80 resistance or even $2.850 in the near term. The next major hurdle for the bulls might be $3.00. Another Decline? If XRP fails to clear the $2.5350 resistance zone, it could start another decline. Initial support on the downside is near the $2.4250 level. The next major support is near the $2.3750 level and the 61.8% Fib retracement level of the upward move from the $2.211 swing low to the $2.6390 high. If there is a downside break and a close below the $2.3750 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.20 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 below the 50 level. Major Support Levels – $2.4250 and $2.3750. Major Resistance Levels – $2.5350 and $2.640.

The XRP price is getting ready to surge to new highs as bulls attempt to hold a critical resistance level. Recently, the cryptocurrency experienced a major breakdown as market downside pressure increased. If it can break above its descending resistance, analysts believe it could bounce back above $3 soon. XRP Price Set To Skyrocket Above $3 A Pseudonymous TradingView crypto analyst known as “MyCryptoParadise” has outlined XRP’s future price trajectory, predicting a surge toward $3.3 for the popular cryptocurrency. The analyst shared a chart outlining key support and resistance levels while evaluating potential breakout and pullback scenarios. Related Reading: XRP Price About To Make A New All-Time High Run To $5? Here’s What The Chart Says In his price chart, the TradingView crypto expert highlighted that XRP is at a critical juncture, with bulls fighting to maintain momentum and hold onto a crucial resistance level after experiencing a sharp pullback from recent highs. XRP had triggered this massive price pump after hitting a major support zone between $2.00 and $1.95 — a level where buyers stepped in aggressively. However, the cryptocurrency failed to maintain its bullish momentum and experienced a pullback.  Currently, XRP is holding above the critical support zone around $2.3 to $2.2. The TradingView analyst has asserted that XRP bulls must defend this support area to keep the cryptocurrency’s bullish setup active or risk a downturn.  If buyers can maintain control and keep accumulating tokens around the support zone at $2.3 – $2.2 for the next few hours, the TradingView expert believes that XRP could see a major recovery back to previous highs around the $2.7 – $2.8 resistance zone.  While the altcoin’s current structure suggests an impending breakout, its descending resistance trendline still poses a potential threat to its upside momentum. Previously, this descending resistance rejected multiple price rallies, acting as a major obstacle to XRP’s price growth.  For XRP to confirm its bullish setup and initiate a significant breakout, the TradingView crypto analyst has suggested that it must close above the $2.85 level with substantial volume. If the cryptocurrency surpasses $2.85, the next major target could be $3.2 to $3.3 — a level where sellers are likely to step in aggressively.  Overall, XRP’s fundamentals remain solid and possibly bullish. However, failing to clear the descending resistance could invalidate this setup and potentially lead to another rejection and a drop to new lows.  Analyst Sets Seemingly Impossible Target For The Altcoin While other market analysts share conservative price projections for XRP, one expert, known as ‘Steph is Crypto’ on X (formerly Twitter), has set a rather ambitious target for XRP. The analyst believes that XRP is gearing up for an explosive price rally to $30. Related Reading: XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85 Notably, XRP is currently trading below all-time highs at $2.56, meaning a surge to $30 would require a 1,100% increase in value. Considering the magnitude of this rally, the analyst’s prediction was met with skepticism from community members who suggested that such a scenario was seemingly impossible. Featured image from Adobe Stock, chart from Tradingview.com

XRP price started a fresh recovery wave from the $2.20 zone. The price is now rising and might clear the $2.550 resistance zone. XRP price started a decent upward move from the $2.20 support zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.550 resistance zone. XRP Price Faces Resistance XRP price started a fresh decline below the $2.80 zone, like Bitcoin and Ethereum. The price dipped below the $2.60 and $2.50 levels. The bears were able to push the price below $2.25. Finally, the bulls appeared near the $2.20 support zone. A base is forming and the price is now recovering losses above $2.30. There was a move above the 23.6% Fib retracement level of the downward move from the $3.00 swing high to the $2.211 low. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.480 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.550 level. The first major resistance is near the $2.60 level. The next resistance is $2.70 or the 61.8% Fib retracement level of the downward move from the $3.00 swing high to the $2.211 low. A clear move above the $2.70 resistance might send the price toward the $2.80 resistance. Any more gains might send the price toward the $2.880 resistance or even $2.920 in the near term. The next major hurdle for the bulls might be $3.00. Another Decline? If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.480 level and the trend line. The next major support is near the $2.40 level. If there is a downside break and a close below the $2.40 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.20 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 – $2.40 and $2.320. Major Resistance Levels – $2.550 and $2.70.

XRP price started a fresh decline below the $2.650 resistance. The price is now consolidating losses and might face resistance near the $2.550 zone. XRP price started a fresh decline below the $2.650 zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down if it remains below the $2.550 resistance zone. XRP Price Faces Resistance XRP price started a fresh decline from the $3.00 resistance, like Bitcoin and Ethereum. The price dipped below the $2.80 and $2.60 levels. The bears were able to push the price below the 50% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. Finally, the bulls appeared near the $2.20 support zone. A base is forming and the price is now attempting to recover above $2.30. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There is also a short-term rising channel forming with support at $2.40 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.550 level. The first major resistance is near the $2.650 level. The next resistance is $2.750. A clear move above the $2.750 resistance might send the price toward the $2.80 resistance. Any more gains might send the price toward the $2.880 resistance or even $2.920 in the near term. The next major hurdle for the bulls might be $3.00. Another Decline? If XRP fails to clear the $2.550 resistance zone, it could start another decline. Initial support on the downside is near the $2.40 level. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support and the 76.4% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.40 and $2.320. Major Resistance Levels – $2.550 and $2.750.

The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump’s announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP’s future trajectory.  Important Support Levels For The XRP Price In a TradingView post, Trade City highlighted $3.06717 and $1.67220 as critical support levels for the XRP price on the weekly timeframe. While analyzing the weekly chart, the analyst noted that after bouncing along the ascending trendline, XRP confirmed its breakout above $0.73056, which sparked the main bullish leg, sending the crypto up to $3.06717.  Related Reading: XRP Bulls Shake Off Crash, Target This Major Resistance On The Road To $3.85 In line with this, Trade City remarked that $3.06717 is the all-time high (ATH) and a major supply zone. He added that the next bullish leg could begin soon enough if the XRP price can hold above this level. Meanwhile, in the event of a price correction, the analyst stated that the only key support viable in the weekly timeframe is $1.67220.  Trade City revealed that the Relative Strength Index (RSI) oscillator has exited the overbought zone and returned to normal levels. He asserted that the bullish scenario for the XRP price becomes more likely if the RSI re-enters overbought conditions.  Analysis Of The Daily Timeframe Trade City went further to give an in-depth analysis of the XRP price on the daily timeframe. He stated that the first key observation on the daily timeframe for the XRP price is a strong bearish divergence on the RSI, which formed as the price moved sideways inside the range between $2.02967 and $3.30467.  Related Reading: XRP Long Term Potential Remains Extremely Bullish Possibility Of Price At $20 The crypto analyst revealed that the trigger for this bearish divergence is a break below $2.02967, which has yet to happen. The analyst warned that a break below this support level could happen soon due to a drop in the trading volume. If this range breaks downward and the support level at $2.02967 is lost, Trade City stated that the XRP price could enter a deeper correction toward key Fibonacci levels such as 0.382, 0.5, and 0.618.  The analyst noted that these three Fibonacci levels are strong support zones, which could prevent a further sell-off. Meanwhile, on the bullish side, if the XRP price breaks to the upside from its current range, the analyst assured that a new bullish leg will begin, pushing the crypto toward higher targets. The analyst’s accompanying chart showed that the XRP price could rally to as high as $4, marking a new ATH for the crypto.  At the time of writing, the XRP price is trading at around $2.32, down over 12% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

The cryptocurrency market experienced a significant rally over the weekend, sparked by President Donald Trump’s announcement regarding the inclusion of three additional digital assets—Solana (SOL), XRP, and Cardano (ADA)—in a future national “Crypto Strategic Reserve.”  This news provided a much-needed respite for the market, which had been grappling with a downturn due to a series of challenges, including a memecoin debacle, a major hack, and ongoing tariff uncertainties. Short-Lived Crypto Rally Initially, president Donald Trump’s announcement led to impressive gains across the board. XRP surged by 32% in the hours following the news, while Solana saw a 27% increase, and Cardano jumped as well.  However, as the excitement settled, these gains began to fade. In the past 24 hours, XRP has lost 18% of its value, Solana is down 20%, Ethereum (ETH) 25%, and Cardano dropped 25%. Bitcoin, which had briefly rallied by 11%, also experienced a decline of 10% in the same period. Related Reading: Dogecoin To Join Trump’s Crypto Reserve? Elon Musk Reacts The backdrop of this rally was Trump’s announcement of a 25% tariff on goods imported from Canada and Mexico, a move that has raised concerns among both stock and crypto investors. The president indicated that the time for negotiation had passed, leading to immediate reactions in financial markets. Coinbase CEO Advocates For Bitcoin-Only Reserve  Despite the boost in interest from Trump’s declaration, details surrounding the establishment of the Crypto Strategic Reserve remain vague. While the president named the currencies to be included, he did not specify when the reserve would be operational or how the government intends to finance these assets.  This ambiguity leaves investors and industry leaders alike awaiting further clarification, particularly as Trump prepares to host the first cryptocurrency summit at the White House this Friday.  The event will reportedly feature prominent figures from the digital asset space, including founders, CEOs, and investors, and is expected to shed light on the administration’s plans. Related Reading: Dogecoin Breaks Above Falling Wedge Pattern – Analyst Sets $0.43 Target Zach Pandl, head of research at Grayscale, noted the growing trend among investors to diversify their crypto holdings. He emphasized that while Bitcoin remains a focal point for many, the digital asset class is diverse, and investors are increasingly looking for a broader range of exposures similar to those in traditional asset classes. However, not all industry leaders are on board with the idea of a multi-asset reserve. Brian Armstrong, CEO of Coinbase, suggested that including just Bitcoin might be the simplest and most effective approach.  Coinbase’s CEO acknowledged the interest in diversification but proposed a market cap-weighted index of crypto assets as a potential alternative to maintain neutrality. So far, XRP has managed to consolidate at $2.30, down more than 32% from its record high of $3.40 reached during the 2018 bull cycle.  Featured image from DALL-E, chart from TradingView.com 

XRP price started a fresh decline from the $3.00 resistance. The price is up down over 20% and might extend losses below the $2.20 support. XRP price started a fresh decline from the $3.00 zone. The price is now trading below $2.50 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down if it breaks the $2.20 support zone. XRP Price Reverses XRP price rallied above the $2.50 and $2.80 levels before the bears appeared, like Bitcoin and Ethereum. The price failed to clear the $3.00 resistance and started a fresh decline. There was a sharp move below the $2.80 and $2.60 levels. The price traded below the 50% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. There was also a break below a connecting bullish trend line with support at $2.40 on the hourly chart of the XRP/USD pair. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. It is now finding bids just above the 76.4% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. On the upside, the price might face resistance near the $2.35 level. The first major resistance is near the $2.40 level. The next resistance is $2.4750. A clear move above the $2.4750 resistance might send the price toward the $2.620 resistance. Any more gains might send the price toward the $2.700 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.80. More Losses? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.120. Major Resistance Levels – $2.40 and $2.4750.

XRP has been a popular topic among traders and analysts, with expectations of a large price increase making the rounds. Dark Defender, an analyst, believes the cryptocurrency might reach an eye-watering $77.7 by 2027, but the path there is fraught with key levels to watch. Related Reading: XRP Sky-High Target: Analyst Predicts $385 – Here’s The Case XRP Key Support And Resistance Levels Dark Defender notes important price ranges that can affect XRP’s next movements. His studies indicate that resistance is about $5.85, $8.03, and $18.22 while support is roughly $2.60 and $2.77. Over the next few years, these levels are expected to be rather important in determining the price movement of XRP. Many traders see $5.85 as a major psychological hurdle. Should XRP be able to pass it, momentum might grow to $8.03 and above. These levels are important for market players, though, since failing to keep support at $2.60 could lead to declining pressure. I shared an update on XRP’s short-midterm target of $77.7 on X, setting $5.85 and $18.22 as short-term possibilities. You might recall that historical pattern scenario. As we discussed many times with the third wave, $XRP can extend towards $18; after the fourth wave correction,… pic.twitter.com/49ih6wZXAs — Dark Defender (@DefendDark) March 2, 2025 Market Sentiment And Long-Term Outlook The market’s reception to XRP has been divided. Some analysts remain unconvinced, claiming that XRP’s historical price movement did not support such an aggressive target. Others believe that Ripple’s legal challenges and acceptance in banking institutions could serve as significant growth drivers. Despite the skepticism, Dark Defender remains confident in his prognosis. He believes XRP will reach its first big target of $5.85 between April and August 2024, with a path to $18.22 emerging thereafter. If momentum continues, the final objective of $77.7 may become a reality by 2027. How Does It Compare To Other Forecasts? Defender’s forecast isn’t the only one causing concern. Arthur Azizov, CEO of B2BinPay, forecasts a more conservative range, with XRP reaching between $5 and $7 in the first half of 2025. Meanwhile, XTB analyst Hani Abuagla suggests that XRP might reach anywhere between $5 and $100, depending on external variables such as legislation. These predictions differ, highlighting the market’s unpredictability. While some analysts focus on XRP’s past performance, others take a broader perspective, taking into account regulatory decisions, adoption, and macroeconomic factors. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? Investors Remain Cautious Despite the positive expectations, many investors are apprehensive. Cryptocurrency markets are notoriously volatile, and making long-term projections is fraught with peril. These levels of support and resistance will be very important for buyers for the time being. Breaking through key areas could confirm the rising trend, but if there are any signs of weakness, prices could drop sharply. Dark Defender said that XRP will be worth $77.7 by 2027. Whether that comes true or not, it is still a coin to keep an eye on. Featured image from DALL-E, chart from TradingView

XRP price started a fresh increase above the $2.50 resistance. The price is up over 30% and now faces resistance near the $3.00 barrier. XRP price started a fresh increase above the $2.50 level. The price is now trading above $2.750 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if there is a clear move above the $3.00 resistance zone. XRP Price Rises Steadily XRP price extended losses toward the $2.00 level before the bulls appeared, like Bitcoin and Ethereum. The price formed a base and started a fresh increase above the $2.20 level. The price surged above the $2.50 and $2.65 levels. It even surged above $2.80 and tested $3.00. A high was formed at $3.00 and the price is now consolidating gains. It traded toward the 23.6% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high. The price is now trading above $2.75 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.40 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.90 level. The first major resistance is near the $3.00 level. The next resistance is $3.20. A clear move above the $3.20 resistance might send the price toward the $3.350 resistance. Any more gains might send the price toward the $3.420 resistance or even $3.450 in the near term. The next major hurdle for the bulls might be $3.50. Are Dips Limited? If XRP fails to clear the $3.00 resistance zone, it could start another decline. Initial support on the downside is near the $2.750 level. The next major support is near the $2.620 level. If there is a downside break and a close below the $2.62 level, the price might continue to decline toward the $2.50 support. The next major support sits near the $2.40 zone and the trend line. 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 – $2.750 and $2.620. Major Resistance Levels – $2.950 and $3.00.

The crypto market is buzzing with excitement as XRP, one of the most resilient digital assets, stages a remarkable comeback. After navigating a challenging period marked by regulatory hurdles and market volatility, XRP is now breaking through key resistance levels with undeniable momentum. The spotlight is firmly fixed on the $2.25 mark, a critical barrier that could unlock the next chapter of XRP’s bullish journey. With technical indicators flashing green, institutional interest on the rise, and a broader crypto market recovery underway, XRP’s journey to $2.25 and beyond could be one of the most exciting narratives in crypto this year.  Breaking $2.25: A Gateway To New Highs? The $2.25 level holds immense technical and psychological importance for XRP. Historically, this zone has acted as a formidable resistance point, often dictating the direction of XRP’s price action. Breaking above it would validate the current bullish momentum and signal a potential shift in market sentiment toward stronger buying pressure, opening the door for further gains. Related Reading: XRP Price Wobbles at $2.00—Will Bulls Step In to Save The Week? A successful breakout above this zone would confirm strong bullish momentum, opening the door for growth toward $2.92 and even $3.4 in the near term. Historically, breaking key psychological and technical resistance levels has often triggered accelerated price action, as sidelined buyers step in and short sellers unwind their positions. As XRP builds momentum, technical indicators suggest that the rally could extend beyond $2.25, reinforcing a bullish outlook. One key indicator, the Relative Strength Index (RSI), is attempting to break above the 55 threshold. Once the altcoin moves above this level, it may spur demand for XRP, potentially fueling further upside momentum. Additionally, a rising RSI often aligns with strengthening price action, suggesting that buyers are gaining control. If the RSI continues to trend higher and crosses into the overbought territory (above 70), bullish momentum tends to build, increasing the likelihood of XRP challenging higher resistance levels. Bearish Possibilities While XRP’s recent rally has been impressive, the cryptocurrency is not immune to bearish pressures. As the market watches the asset challenge key resistance levels, attention is also turning to critical support zones that could determine whether the uptrend holds or gives way to a bearish breakdown. Related Reading: XRP Bears Resurface—Key Levels to Watch Now Weakening momentum, combined with failure to break above the $2.25 resistance level, points to renewed selling pressure, leading to a possible decline toward the $1.97 support zone. A rejection at this key resistance could signal exhaustion among buyers, allowing bears to regain control and push the price lower. In the event of a drop below $1.97, the next critical support levels to watch would be $1.85 and $1.75. Failure to hold these zones might reinforce a more extended bearish phase, exposing XRP to deeper corrections. Featured image from Adobe Stock, chart from Tradingview.com

XRP price started a fresh decline below the $2.250 and $2.20 support levels. The price is now consolidating losses and remains at risk of more losses. XRP price started a fresh decline below the $2.250 level. The price is now trading below $2.220 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down unless there is a close above the $2.30 resistance zone. XRP Price Dips Further XRP price failed to continue higher above the $2.350 resistance zone and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $2.25 and $2.20 support levels. The price even dipped below the $2.120 support to enter a bearish zone. A low was formed at $2.0220 and the price is now struggling to stay above $2.0. The price is showing many bearish signs below the 23.6% Fib retracement level of the downward move from the $2.363 swing high to the $2.022 low. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. The first major resistance is near the $2.20 level or the 50% Fib retracement level of the downward move from the $2.363 swing high to the $2.022 low. There is also a key bearish trend line forming with resistance at $2.20 on the hourly chart of the XRP/USD pair. The next resistance is $2.30. A clear move above the $2.30 resistance might send the price toward the $2.350 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.020 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.9650 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.020 and $2.00. Major Resistance Levels – $2.20 and $2.30.

XRP stood firm as crypto markets took a beating on Tuesday. Most coins fell hard, but XRP avoided hitting new lows. Market watchers now wonder if the altcoin might recover faster than other cryptos. Related Reading: Avalanche (AVAX) Overextended—Is A Market Shakeup Imminent? XRP Holds Ground In Tough Market Tuesday’s crash sent most crypto prices tumbling. XRP dropped to $2.23, falling 4% in just one day. This marks a rough week for the coin, which lost 17% in the weekly frame, but the drop wasn’t as bad as earlier this month. During one of its biggest declines this year, on February 4th, the coin had sunk to $1.70 – much lower than Tuesday’s bottom. Bitcoin, on the other hand, fell below $86,000. This was its lowest price since November 2024. The difference is clear: Bitcoin hit new recent lows while XRP did not. Analysts See Promising Signs A number of crypto experts have noticed that XRP is performing better. Dom, a crypto analyst, said the altcoin only had a “fakeout” below the important $2.25 price mark. Dom stated that for things to stay on track, XRP needs to close above this price. $XRP update Still looking good here as we got a fakeout below the important level ($2.25) Vital to close the daily above and NOT accept below XRP is holding up better than 90% of alts, chart isn’t broken I will share more thoughts soon, but need to see how BTC reacts next… https://t.co/m5cOOCO88Z pic.twitter.com/EdWeRQfVxG — Dom (@traderview2) February 25, 2025 Dom also noted that Bitcoin might face more trouble if it falls below $85,000. Despite these concerns, he thinks the crypto is doing better than most coins in the market. His view: XRP’s chart still looks solid compared to others. Numbers Tell The Story XRP’s strength shows up clearly in market data. According to CoinCodex, the coin did better than 92% of the top 100 crypto coins during this downturn. While XRP avoided making new lows, other popular coins weren’t so lucky. Both Solana (SOL) and Dogecoin (DOGE) fell to their lowest points of 2024 during Tuesday’s crash. Related Reading: Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades Is A Price Recovery Underway? XRP has already bounced back with an 8% gain, bringing its price to $2.31. This quick recovery has cut its weekly losses to around 9%. The coin’s ability to avoid deeper drops might give investors hope. While the entire market faces uncertainty, XRP’s performance suggests it might weather the storm better than its competitors. What happens next depends partly on Bitcoin’s movement. Many traders are keeping a close eye on the next price movement of Bitcoin, as it often sets the tone for the whole crypto market. If Bitcoin stabilizes, XRP might continue its upward path. For now, XRP stands out in a sea of red. Its quicker recovery and stronger support levels could make it a coin to watch as the broader digital currency space tries to find their footing after Tuesday’s crash. Featured image from Gemini Imagen, chart from TradingView

XRP price started a fresh decline below the $2.450 and $2.350 support levels. The price is now consolidating losses and remains at risk of more losses. XRP price started a fresh decline below the $2.350 level. The price is now trading below $2.320 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down unless there is a close above the $2.3350 resistance zone. XRP Price Fails To Recover XRP price failed to continue higher above the $2.50 resistance zone and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $2.35 and $2.250 support levels. The price even dipped below the $2.20 support to enter a bearish zone. A low was formed at $2.0639 and the price attempted a recovery wave. There was a spike above the 50% Fib retracement level of the downward wave from the $2.604 swing high to the $2.206 low. However, the bears remained active at $2.350. There is also a key bearish trend line forming with resistance at $2.250 on the hourly chart of the XRP/USD pair. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.250 level. The first major resistance is near the $2.3250 level. The next resistance is $2.40 or the 61.8% Fib retracement level of the downward wave from the $2.604 swing high to the $2.206 low. A clear move above the $2.40 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.5650 in the near term. The next major hurdle for the bulls might be $2.620. More Losses? If XRP fails to clear the $2.250 resistance zone, it could start another decline. Initial support on the downside is near the $2.1480 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.1480 and $2.120. Major Resistance Levels – $2.250 and $2.3250.

XRP price started a fresh decline below the $2.50 and $2.250 support levels. The price is now recovering losses from the $2.050 support zone. XRP price started a fresh decline below the $2.40 level. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move down unless there is a close above the $2.450 resistance zone. XRP Price Attempts Recovery XRP price failed to continue higher above the $2.620 resistance zone and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $2.55 and $2.50 support levels. The price even dipped below the $2.20 support to enter a bearish zone. A low was formed at $2.0639 and the price is now attempting to recover. There was a move above the 23.6% Fib retracement level of the downward wave from the $2.604 swing high to the $2.206 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.3320 level. The first major resistance is near the $2.40 level or the 61.8% Fib retracement level of the downward wave from the $2.604 swing high to the $2.206 low. The next resistance is $2.450. There is also a key bearish trend line forming with resistance at $2.450 on the hourly chart of the XRP/USD pair. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.5650 in the near term. The next major hurdle for the bulls might be $2.620. Another Decline? If XRP fails to clear the $2.450 resistance zone, it could start another decline. Initial support on the downside is near the $2.2320 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.050 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 – $2.2320 and $2.20. Major Resistance Levels – $2.40 and $2.450.