XRP Price Warning: Potential Drop To $1.25 If It Doesn’t Break Critical Levels!

Jakarta, Pintu News – According to market analyst Egrag Crypto, Ripple (XRP) is at risk of dropping to $1.25 in the short term if it does not manage to break certain critical price levels. Although this week showed a bullish trend with XRP trading at $2.29, the analyst asserted that Ripple (XRP) has yet to confirm a market bottom, indicating a potential future price drop.

Critical Point: XRP Needs to Break $2.33-$2.45 to Cancel Bearish Predictions

To avoid this negative prediction, Ripple (XRP) must close above $2.33, which is the immediate resistance level. More importantly, Ripple (XRP) must reclaim $2.45, which currently acts as the upper limit of the Bull Market Support Band. A decisive close above these two critical price levels would signal strong market demand and alleviate fears of a larger price correction.

However, if Ripple (XRP) fails to break out of this band in the near term, the 0.702 Fibonacci level around $1.25 becomes a possible potential target. Egrag Crypto explains that this Fibonacci level is in line with the structure of previous breakouts, thus making it a strong historical support. However, a price drop to $1.25 would only be a major test, which could reinforce the long-term bullish structure of the Ripple (XRP) market.

Also Read: Dogecoin’s New Breakthrough: Predicted Price Increase to $0.25!

XRP Price Overview

Currently, Ripple (XRP) is trading at $2.18, showing a decline of 0.78% in the past day. The leading altcoin is also down 5.08% in the monthly chart, indicating that bearish pressure is still strong in the market.

Based on data from Coincodex, current market sentiment remains neutral, with investors still unsure about the future of Ripple (XRP). Interestingly, only 40% of Ripple (XRP)’s last 30 trading days have been profitable. Although Coincodex analysts expect the asset to maintain its bullish form in the short-term and potentially trade at $2.50 in five days, they remain very bearish on the long-term outlook, projecting a price of $1.97 in one month and $1.65 in three months.

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Conclusion

In conclusion, Ripple (XRP) is facing a critical period in the near future. If it fails to break through the specified critical price level, there is a high probability of a significant price drop. However, if it succeeds, this could be a turning point to strengthen its position in the market. Investors and market watchers should keep a close eye on these developments to make informed investment decisions.

Also Read: Can Dogwifhat (WIF) Reach $1? FOMO is the main trigger!

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. XRP Risks Falling to $1.25 Without Critical Price Break: Analyst. Accessed on April 28, 2025
• Featured Image: Track Insight