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Cryptocurrency News Articles

Although we saw a writing XRP price crash on Monday, April 7, today this token is retaking the post-crash price levels

Apr 10, 2025 at 09:39 pm

This coin fell as low as $1,61, but since then, it has recovered and is trading at the $2 mark. However, based on a new XRP price prediction

Although we saw a writing XRP price crash on Monday, April 7, today this token is retaking the post-crash price levels

The price of XRP fell sharply on Monday, April 7, reaching lows of $1.61. However, since then, the token has recovered and is currently trading above the $2 mark. According to a new XRP price prediction by crypto expert XForced Global, this crypto needs to see another crash below $1 first before it surges to double digits. If these conditions are met, we could see an increment of 10x in the current market capitalisation.

As part of his Elliott wave analysis, crypto expert XForced Global predicts that, after a drop below $1, the XRP price will surge to $20. This prediction’s basis is the rally from $0.50 to $3.40, which will be used as Wave 1.

As XForced Global explains, during Wave 2, XRP will first drop to a buy zone, which he marks as the range between $1.0 and $1.70. However, a crash below $1 is also possible.

After this, we will see another rally in Wave 3, which will take the XRP price towards the $20 point. If such predictions become reality, the XRP market capitalisation will be 10x, although only if the supply remains the same. This would send the market cap to $1.16 trillion, making the XRP token the second-largest crypto. Additionally, this analyst also gave his prediction for Wave 4. In this wave, XRP will see a correction to $7 before we see another XRP price surge to $30.

Although very bullish, the time frame in which we see these waves is unknown. As such, this projection might become true in the long term; however, we don’t know how much exactly it would take. XRP could follow this pattern in the next few months, years or even a decade to reach $20 and $30. However, in today XRP news, we also have a short-term price prediction.

Today, the XRP price started its bullish movement by breaking through the $1.850 and $1.950 resistance levels. Now it is above the 100-hourly Moving Average and is consolidating around the $2 mark.

Chart 1 – Provided by TradingView, published on TradingView, April 10 2025

According to Chart 1 from December 2024 to April 2025, XRP has mostly traded in the range of $2.11 to $2.60. This area also recorded 70% of the XRP token trading volume in the last 4 months. As such, for the short-term XRP price prediction, we need to see a break through the $2.11 point, which marks the start of the four-month range. If it does so, then a surge to $2.41 and $2.60 is also possible. $2.41 price level shows where the highest volume of trading took place in the last four months.

As such, the short-term XRP price prediction seems to be bullish. This bullish sentiment has been mainly caused by the recent positive XRP news and the global macroeconomic changes. The biggest attribute to today’s crypto market rally is the news of 90 90-day pause on Trump tariffs. Additionally, we have had various bullish news stories for XRP in the last few weeks. For example, the end of the Ripple SEC legal battle or the new acquisition of the Hidden Road broker firm. These consecutive bullish news stories have likely significantly enhanced investor confidence and sentiment.

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