**XRP’s Recent Volatility**
XRP has experienced significant price swings this week, trading between **$2.30 and $1.60**. After dropping sharply below **$1.64** on Monday, it briefly recovered to **$1.90**.
- **7-day performance:** **-13.9%**
- **14-day performance:** **-22.7%**
- **24-hour change:** **+6.8%** (short-term recovery)
- **30-day trend:** **-18.2%**
Despite the recent uptick, the longer-term trend remains bearish. However, analysts are now identifying key support levels and potential price targets.
### **Analyst’s Worst-Case Target: $4.50**
**Dr. Cat**, a prominent crypto analyst, believes **XRP could still reach $4.50** even if Bitcoin’s bull run ends prematurely.
- **Scenario:** If BTC forms a lower high or a "dead cat bounce" around **$85,000**, XRP could still surge.
- **Key Support:** The **1.618 Fibonacci extension** from the last drop supports the **$4.50 target**.
- **Critical Level:** A **2-day close below $1.69** would invalidate this bullish outlook.
Dr. Cat estimates a **50% chance** that the recent dip marks the bottom, suggesting a major rebound could follow.
### **4 Key Levels to Watch for an XRP Breakout**
Renowned analyst **EGRAG** highlights four crucial price levels for XRP’s next move:
1. **$2.24** (21-day EMA) – A close above this signals **bullish momentum**.
2. **$2.30** (Fibonacci 0.382 level) – Breakthrough could lead to further upside.
3. **$2.47** (Fibonacci 0.5 level) – Strong resistance zone.
4. **$2.70** (Fibonacci 0.618 level) – A breakout here could propel XRP toward **$5**.
### **Final Thoughts**
While XRP’s short-term trend remains uncertain, analysts see potential for a major rebound. The **$4.50 target** remains in play unless critical support at **$1.69** breaks.
**Disclaimer:** This content is for informational purposes only and not financial advice. Always conduct your own research before investing.
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