XRP Struggling Below $2.40: 4.2% Daily Loss

As of now, most of the top 10 crypto coins, based on market capitalisation, have recorded a daily loss. Among these, XRP is showing the biggest daily loss

The crypto market has been experiencing a few bullish days, yet the market has fallen into a downturn today. As of now, most of the top 10 crypto coins, based on market capitalisation, have recorded a daily loss. Among these, XRP is showing the biggest daily loss, which is in line with its performance during the past days. This is especially underwhelming for the community because Bitcoin rallied past the $88,800 mark. Additionally, most big coins now show weekly gains, while the weekly price performance of the XRP token is also in red.

XRP Struggling Below $2.40: 4.2% Daily Loss

As of writing this, the XRP token is trading at $2.36 with a 4.2% daily price decrease. This token’s weekly performance also shows a decline of 3.9%. Additionally, XRP is now trading 27.4% under its all-time high of $3.40. Another bearish signal is the decrease in XRP trading volume since March 19. This day marked the announcement of the SEC’s retreat from its lawsuit against Ripple. Since then, the volume has dropped from $4 billion to $ 2.6 billion, showing a 35% drop.

Chart 2 – Provided by Javon Marks, published in TradingView, March 27 2025

XRP’s Future: Bullish Surge or Bearish Price Crash to $1.07?

However, Javon Marks, a crypto analyst, has provided a bullish XRP price prediction. Based on his analysis, XRP could soon experience a breakout as both price movement and the relative strength index signal bullish movement. This is because both the price and RSI of the XRP token have gone above the falling wedge patterns. He also compared this pattern to the historical price movement of XRP reaching a bullish result. “The last breakout resulted in a roughly +570% price increase, and prices can be ready for another substantial surge.”

Peter Brandt, a veteran trader, has also shared his analysis and highlighted a bearish signal. Based on Chart 1, we can see a common head-and-shoulders pattern, which Brandt believes can lead to an XRP price crash. Based on his XRP price prediction, this crash can push the token down to $1.07. He expanded his prediction and stated that if XRP were to go under $1.90, a 55% correction would follow. However, he also said that if XRP clears the $3 point, the H&S pattern would become invalidated. Bandit stated, “Below $1.9, I would not want to own it. H&S projects to $1.07. Don’t shoot the messenger.”

This prediction comes as XRP has recorded an on-and-off bearish trend since the start of 2025. However, XRP’s current market and price movement data do not signal an upcoming retest of the $1.07 support. This is because XRP has not even gone below the $1.90 support, which has been tested three times recently. Additionally, since XRP climbed above the $2 price point, it has not recorded a close under it. As such, investors probably see this price level as the buy-back zone, stopping any further XRP price crash.

XRP Faces Critical Weeks: Can It Reignite Investor Interest

The underwhelming performance since the start of 2025 remains an important challenge for XRP. This is because, as Dom, who is an order flow markets analyst, points out, some investors have lost interest. As such, he believes that the next couple of weeks will be essential for XRP. As he points out, during these weeks, XRP needs to establish a trend direction. “We need to see clear breaks of the levels I have shown. Just be aware of the next week or two, as the price action will be telling.”