XRP Price Prediction April 11, 2025: Will Collapse to $0.61, Bearish Pattern Threatening?

Jakarta, Pintu News – The Ripple (XRP) market is currently showing significant technical change signals with the formation of a bearish head and shoulders pattern.

If the key support level fails to hold, it could trigger a sharp price movement towards much lower values, with targets in the $0.61 range.

Check out the full news below!

Head and Shoulders Bearish Pattern Forms

Since November 2024, the price of Ripple (XRP) experienced a significant rise, peaking at around $3.37. After this period of increase, the price started to consolidate and formed a bearish head and shoulders pattern.

The left shoulder forms during this consolidation phase, followed by the head at the highest peak, and then the right shoulder that marks the lower peak. The pattern is complete, and now, the neckline in the range of $1.97 to $2.13 is the key support zone.

Recently, Ripple (XRP) broke below the support neckline, signaling a significant change in market sentiment. This is the first time since early December that the price has fallen below this critical range.

Read also: Down 0.26%, What is the Price of 1 DOGE Today (11/4/25)?

Trading Opportunities from This Pattern

The break below the neckline support is a confirmation of the continuing bearish trend, setting new lows in the market. Currently, the price is trying to retest the neckline, but this attempt still indicates a bearish tendency.

If the price fails to retake the neckline and break the key lows, it will activate a fully bearish head and shoulders pattern. Activation of this pattern could trigger a sharp price drop towards the $0.61 target, a level where support below is minimal.

The lack of support below this zone means that the price could fall quickly, similar to the bullish movement that occurred when the pattern initially formed.

Also read: Top 10 Cryptos Ready to Lead the Rally in April 2025

Strategies to Deal with This Situation

For traders, this setup offers a clear opportunity for a short position once the pattern is fully activated. The key confirmation occurs when the current lows are crossed, signaling the full activation of the bearish head and shoulders pattern.

From there, the price could move quickly towards the $0.61 target due to the lack of support in the area. If the pattern plays out as expected, the rewards could be huge. However, like all technical patterns, the key is patience.

Only after the pattern is confirmed can traders confidently position themselves for a potential drop, making it important to avoid premature entries and wait for confirmation.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Crypto News. XRP Price Forms Bearish Head and Shoulders Pattern, Impending Collapse Towards $0.61. Accessed on April 11, 2025
• Featured Image: Track Insights