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Cryptocurrency News Articles

Ripple (XRP) Cryptocurrency Is Back in the Limelight

Apr 05, 2025 at 09:02 am

The Ripple (XRP) cryptocurrency is back in the limelight for crypto analysts and investors. After showing strong performance above the psychological level of $2 (33440 IDR)

Cryptocurrency analysts at CasiTrades have pointed out a possibility of the Ripple (XRP) price touching $1.90 soon as part of a corrective move. However, this scenario is also accompanied by positive signs that could trigger significant gains in the future.

According to an analysis shared on X, XRP is expected to “flush” one more time before embarking on its next big upside phase.

The critical level to watch is $1.90, which could be the turning point for the crypto to enter the Wave 3 phase towards a sharp rise. This correction could occur along with a bullish RSI divergence, which could be the point at which they base a new move.

However, if the price breaks below $1.90, the current trend structure should be reset, and the potential for further downsides is wide open.

But, on the other hand, $1.95 is also a strong target based on subwave calculations that could potentially be an area of price reversal. He says a drop to $1.90 will only happen if the market pressure is really high.

CasiTrades advises investors to watch the price reaction in the area as a signal of this correction being temporary before XRP continues its journey to new price records.

External Factors that Can Trigger Pressure

Recently, U.S. President Donald Trump announced reciprocal tariffs against several countries in response to earlier moves by China and other nations.

This move has raised fears of a global trade war that could put pressure on crypto markets. XRP, an asset often associated with cross-border transactions, could be negatively affected by the policy.

This also increases the chances of a price correction, as predicted by analysts.

Other analysts such as Brandon even predict that XRP could fall deeper to the level of $1.40. He showed a chart that signaled a potential big drop before any significant upward movement. However, this scenario is debatable as several other technical indicators show strong buy signals.

Community Expectations and Long-term Predictions

Despite predictions of a correction, some analysts remain optimistic about Ripple’s (XRP) long-term prospects. A renowned crypto analyst, Ali Martinez, mentioned that the TD Sequential indicator just gave a buy signal.

He also noted that XRP still holds above $2, showing a strength of support. According to him, this is a sign that the market still holds potential for a rebound in the near future.

Analyst Javon Marks made an even more extreme projection, saying that XRP could skyrocket up to 44 times and reach $99. He refers to a similar pattern that occurred in the 2017 bull run as a basis for believing that this altcoin still has enormous room to grow.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Apr 06, 2025