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Cryptocurrency News Articles
XRP Price Prediction: Analyst Suggests the Token Could Break Past $3.4 if Market Conditions Align
Apr 01, 2025 at 08:11 pm
A crypto analyst suggests that the XRP coin could break past $3.4 if market conditions align. The token has been moving within a set range
Crypto analyst predicts that XRP coin could break past $3.4 if market conditions align. The token has been moving within a set range as it struggles to gain momentum. However, technical indicators hint at a potential rally, which could be fueled by increased trading volume.
Analyst Predicts a Breakout Above $3.4 on One Condition
Over the last 24 hours, XRP has fluctuated between $2.200 and $2.0239. While some predict a breakout, analysts warn that a surge past $3.4 will only be possible with strong buying volume and overall market momentum. A breakout without enough volume or Bitcoin’s support could lead to a pullback, keeping the XRP coin within its current range.
This is still the game plan for $XRP btw.If we don't get it, we don't get it, and we ride spot to double digits regardless.But I'm not interested in jumping into fresh longs mid-range.Hoping people choose to fade this push so we get what would be a fantastic opportunity.
According to the analyst, past patterns indicate that volume and broader market trends play a crucial role in price movements. If XRP manages to rise above $3.4 with substantial volume and Bitcoin price fueling a broader rally, it could set the stage for a significant breakout. However, without sufficient demand and market-wide support, the price may struggle to sustain upward momentum and could return to its familiar trading range.
Market sentiment remains cautious, with traders awaiting clear signals to determine the direction of the XRP coin. If the volume surges and Bitcoin leads a broader rally, XRP could aim for new highs beyond $3.4. Otherwise, it may continue consolidating within its current range.
Ripple Price Prediction for April 1
Following this XRP News, March 31st began with bearish pressure as XRP entered an oversold condition at 00:40 UTC, pushing the price downward. A golden cross at 1:50 UTC triggered a minor recovery, but the momentum was short-lived. A death cross on the moving averages at 6:00 UTC reinforced the bearish trend, driving the price to the support level of $2.0239. At 10:25 UTC, a golden cross signaled a bullish reversal, pushing the price higher. The upward trend gained strength, reaching an overbought condition at 12:50 UTC. However, a death cross at 15:15 UTC initiated a downward channel, leading to price corrections as March ended.
Chart 1, analyzed by ShwetaCW, published on TradingView, April 1, 2025
Moving into April 1st, XRP faced volatility. A death cross on the MACD line at 1:25 UTC temporarily pushed the price upward. A strong golden cross at 8:00 UTC triggered a surge, with XRP reaching an overbought condition at 8:30 UTC and 9:00 UTC, encountering resistance at $2.2000. The trend shifted downward at 9:40 UTC with a death cross, suggesting possible price declines. According to XRP price prediction, if the bearish trend continues, XRP could test the support at $2.0239. However, a breakout above $2.2000 could push the price toward new highs.
XRP’s Market Outlook
XRP coin remains in a crucial range while analysts debate its next move. The market’s reaction to volume surges and Ripple’s performance will determine whether the token breaks out or stays within its current levels. If buying pressure strengthens and Bitcoin rallies, XRP could push beyond $3.4, supporting bullish sentiment. However, if demand remains weak, price action may remain between $2.200 and $2.0239. According to XRP Price Prediction, if the price moves downward, it could retest the support level of $2.0239. Alternatively, a reversal could break the $2.200 resistance and signal an uptrend. Traders will keep an eye on XRP News for further updates on price movements and market sentiment.
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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