Analysts Outline Critical XRP Price Levels: Details

XRP’s recent price fluctuations have drawn increased attention from market analysts, particularly as the token attempts to stabilize after notable volatility. On April 9, XRP surged to $2.08 following a prior decline, then experienced a pullback before recovering slightly to hover around $2.24. This shift has led technical analysts to identify potential pivot points that may define the token’s next directional trend. Market Structure and Key Support Ranges Analyst Casi Trades recently shared insights highlighting significant support levels that traders should observe. She noted that the $2.24 level, now a .382 Fibonacci retracement zone, triggered bearish signals on the Relative Strength Index (RSI) across multiple chart timeframes. According to Casi, this indicates a possible reversal or cooldown in bullish momentum. XRP Reaching C Top! A few days ago, I walked you through two likely outcomes for #XRP : 1⃣ A continuation from the $1.72 low into a breakout 2⃣ Or, an ABC before a deeper correction And it looks like we just got our answer. $XRP tapped $2.24, right at the .382 retracement.… pic.twitter.com/uJWpPqbNIV — CasiTrades (@CasiTrades) April 13, 2025 She identified $1.90 as a crucial first support level, aligning with the .5 Fibonacci retracement zone. This area is considered important for a potential short-term recovery if the market corrects further. The second notable level is $1.55, corresponding to the golden .618 Fibonacci retracement. This level also matches the projected Wave 2 correction area based on Elliott Wave Theory, suggesting it could serve as a more significant structural support in the event of a deeper pullback. Casi advised traders to remain focused on broader market patterns rather than attempting to time precise tops and bottoms. She emphasized the importance of preparing for potential entry points based on structure rather than emotional reactions to short-term price action. Potential Downside Before Long-Term Gains Echoing caution, analyst Egrag Crypto also weighed in with a broader perspective. He warned that if XRP fails to maintain a closing price above the $2.30–$2.50 range on the five-day chart, a decline toward $1.85 remains possible. However, he reiterated that such a drop does not alter his long-term bullish outlook. Egrag continues to hold higher price targets for the token, including $7.50, $13, and $27. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 He also noted the possibility of a market-wide liquidation event, which could introduce sudden and sharp volatility. Despite this, Egrag stated he is not actively trading but is instead accumulating more tokens at specific support levels. He reminded investors that geopolitical and macroeconomic events can significantly influence crypto markets, referencing past examples such as shifts in U.S. trade policy and regulatory decisions that have affected sentiment and market direction. Lawsuit Resolution May Not Trigger Immediate Rally Beyond technical analysis, community discussions have turned to the ongoing SEC case against Ripple . A prominent XRP community voice, known as All Things XRP, suggested that expectations of a sharp rally following the lawsuit’s conclusion might be unrealistic. According to this perspective, much of the anticipated outcome has already been factored into the asset’s current price. Rather than relying on legal developments to boost value, the community member emphasized that XRP’s long-term growth will likely depend on Ripple’s post-case actions. These may include the expansion of partnerships, enhancement of XRP utility, and increased institutional adoption—all of which are expected to drive future valuation more sustainably than a legal outcome alone. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analysts Outline Critical XRP Price Levels: Details appeared first on Times Tabloid .

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