XRP News: Experts Forecast a Pump to $13 or a Drop to $0.10
The stakes seem stronger than ever as XRP returns to the public eye. Famous cryptocurrency analyst Joao, who once accurately predicted the time of the latest XRP crisis, is now cautioning that the worst may not yet be over after the cryptocurrency's precipitous decline below the $2 level. He believes that a protracted and agonizing distribution phase that lasts until late 2025 may be about to begin for the price of XRP. With potential declines to $1 or, in a more dire scenario, as low as $0.10, his prediction presents a bleak picture. As the XRP market trend continues to show warning indications, holders are understandably on edge and attempting to make sense of what comes next.
Large Forecasts and Greater Dangers
Two very different scenarios have been outlined by Joao. Even the most patient investors would be put to the test if XRP were to plunge all the way below $0.10 before rising back to about $0.40, according to the initial prediction. He acknowledges that it is unlikely, but the second, more hopeful possibility suggests a huge rebound to anywhere between $5 and $6.80.
Other analysts are also contributing. John, another well-known analyst, believes that recent chart patterns indicate a further decline to $0.3827. Egrag Crypto cautions that there is a 70% risk of an XRP crash due to a technical formation, which could send the price of XRP to $0.65 and further shape the present, increasingly unstable market trend.
An Insight into the Charts
But not everyone has a negative outlook. CasiTrades, an analyst, points to the $1.55 level as a potential turning point, which is precisely at the golden 0.618 Fibonacci retracement. According to her, if XRP can establish a firm base here, a robust rally may begin, potentially propelling the cryptocurrency to all-time highs of $8ā$13. All eyes are now on these crucial levels, with $1.55 serving as the primary support and $1.90 serving as a significant resistance. To find out where XRP might be going next, let's examine the technicals.
Analysis on the Price Movement of XRP on April 9, 2025
A clear transition from a consolidation phase into a falling channel, followed by a potential attempt at a reversal, was seen in recent sessions of the XRP price movement.. The price initially fluctuated laterally within a clearly defined trading band of roughly $1.76 to $1.88. The market momentum was indecisive, as seen by the rangebound behavior and varying RSI values that stayed largely neutral. The market then shifted into a downward-sloping channel after a breakout above the range toward $1.98 encountered significant resistance close to the $2.00 zone, which served as a ceiling. The RSI repeatedly fell into oversold zone within this channel, indicating persistent bearish pressure and regular lower highs and lower lows.
Alokkp0608's analysis of Chart 1, which was released on April 9, 2025
The bearish pattern was strengthened by many death crosses on the MACD throughout the descending period. However, as the price started to rise again and break out of the downward channel, the current price action points to a potential bottom formation close to the $1.72 support level. This change coincides with an RSI bounce near 69, just below the overbought threshold, and a golden cross forming on the MACD. These indicators, along with a run of higher lows and rising volume, suggest that the bullish momentum is intensifying. If XRP continues in this path, the next barrier is near $1.90, and maintaining above $1.76 might lead to further gains.
Will XRP Break Out or Break Down at This Crossroads?
Everyone is on edge over the XRP price activity, and rightfully so. With discussion of $0.10 objectives circulating, some analysts see warning indications of a more serious XRP drop in the future. Others, including as CasiTrades, believe that a massive surge may be in the works and that XRP may potentially reach $13. Although the charts are giving us conflicting information, one thing is certain: momentum is increasing.
With indicators showing optimistic clues and the price rebounding from important support around $1.72, XRP may have a chance to burst past the $1.90 barrier. Traders should keep a close eye on these levels for possible price swings as XRP continues to respond to macroeconomic factors and general market movements, as the market trend teeters between extreme bearish and bullish possibilities.
Coinfomania originally published the article XRP News: Analysts Forecast Either a Drop to $0.10 or a Pump to $13.
The stakes seem stronger than ever as XRP returns to the public eye. Famous cryptocurrency analyst Joao, who once accurately predicted the time of the latest XRP crisis, is now cautioning that the worst may not yet be over after the cryptocurrency's precipitous decline below the $2 level. He believes that a protracted and agonizing distribution phase that lasts until late 2025 may be about to begin for the price of XRP. With potential declines to $1 or, in a more dire scenario, as low as $0.10, his prediction presents a bleak picture. As the XRP market trend continues to show warning indications, holders are understandably on edge and attempting to make sense of what comes next.
Large Forecasts and Greater Dangers
Two very different scenarios have been outlined by Joao. Even the most patient investors would be put to the test if XRP were to plunge all the way below $0.10 before rising back to about $0.40, according to the initial prediction. He acknowledges that it is unlikely, but the second, more hopeful possibility suggests a huge rebound to anywhere between $5 and $6.80.
Other analysts are also contributing. John, another well-known analyst, believes that recent chart patterns indicate a further decline to $0.3827. Egrag Crypto cautions that there is a 70% risk of an XRP crash due to a technical formation, which could send the price of XRP to $0.65 and further shape the present, increasingly unstable market trend.
An Insight into the Charts
But not everyone has a negative outlook. CasiTrades, an analyst, points to the $1.55 level as a potential turning point, which is precisely at the golden 0.618 Fibonacci retracement. According to her, if XRP can establish a firm base here, a robust rally may begin, potentially propelling the cryptocurrency to all-time highs of $8ā$13. All eyes are now on these crucial levels, with $1.55 serving as the primary support and $1.90 serving as a significant resistance. To find out where XRP might be going next, let's examine the technicals.
Analysis on the Price Movement of XRP on April 9, 2025
A clear transition from a consolidation phase into a falling channel, followed by a potential attempt at a reversal, was seen in recent sessions of the XRP price movement.. The price initially fluctuated laterally within a clearly defined trading band of roughly $1.76 to $1.88. The market momentum was indecisive, as seen by the rangebound behavior and varying RSI values that stayed largely neutral. The market then shifted into a downward-sloping channel after a breakout above the range toward $1.98 encountered significant resistance close to the $2.00 zone, which served as a ceiling. The RSI repeatedly fell into oversold zone within this channel, indicating persistent bearish pressure and regular lower highs and lower lows.
Alokkp0608's analysis of Chart 1, which was released on April 9, 2025
The bearish pattern was strengthened by many death crosses on the MACD throughout the descending period. However, as the price started to rise again and break out of the downward channel, the current price action points to a potential bottom formation close to the $1.72 support level. This change coincides with an RSI bounce near 69, just below the overbought threshold, and a golden cross forming on the MACD. These indicators, along with a run of higher lows and rising volume, suggest that the bullish momentum is intensifying. If XRP continues in this path, the next barrier is near $1.90, and maintaining above $1.76 might lead to further gains.
Will XRP Break Out or Break Down at This Crossroads?
Everyone is on edge over the XRP price activity, and rightfully so. With discussion of $0.10 objectives circulating, some analysts see warning indications of a more serious XRP drop in the future. Others, including as CasiTrades, believe that a massive surge may be in the works and that XRP may potentially reach $13. Although the charts are giving us conflicting information, one thing is certain: momentum is increasing.
With indicators showing optimistic clues and the price rebounding from important support around $1.72, XRP may have a chance to burst past the $1.90 barrier. Traders should keep a close eye on these levels for possible price swings as XRP continues to respond to macroeconomic factors and general market movements, as the market trend teeters between extreme bearish and bullish possibilities.
Coinfomania originally published the article XRP News: Analysts Forecast Either a Drop to $0.10 or a Pump to $13.