#MarketPullback

XRP Price Prediction, Elliot Analysis, and More for 2025

The original token of Ripple, XRP, has been moving sideways in recent days, as analysts closely watch for signs of a breakout or breakdown. While the broader cryptocurrency market is experiencing some selling pressure, XRP has managed to hold key support levels - but its future direction remains uncertain. Short-term price analysisOn the short-term chart, it appears that XRP formed a low around April 7. However, all subsequent rallies from that point have been corrective, characterized by overlapping messy moves and a three-wave pattern instead of clean trending waves.Support at $2.11 has held so far, with additional support at $2.08 and $2.14. Price briefly broke a minor Fibonacci support recently but quickly recovered without sustaining losses. The market continues to form higher highs and higher lows - a positive sign amid uncertainty.An initial Elliott Wave scenario suggests that XRP may be forming a diagonal pattern to the upside, although it is not a particularly reliable setup considering the overlapping structure and complexity. A decisive breakout above the downward trend line from the April 30 low (around $2.12) could indicate the beginning of the third internal wave.Key resistance levels to watch include $2.46 and $1 billion.