We have to wait until the end of the week to see if the market drop is confirmed
koinmilyoner
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Bullish
XRP Reports Head-and-Shoulders Breakdown: How Low?
XRP dropped below a key support zone during the crypto market fall, according to traders. Crypto expert Josh Olszewicz published a graphic on his recent YouTube update showing the token breaking below the Ichimoku Cloud on the daily period and falling below $2.00. XRP is also placed underneath the head-and-shoulders neckline.
How Low Can XRP Go?
Olszewicz calls the chart pattern a “head and shoulders variant mess—Frankenstein’s monster,” adding that it closely suggests a bearish reversal. The left “shoulder” developed about $2.90 in early December 2024, the “head” around $3.41, and the right “shoulder” around $3.00.
I wouldn't be surprised if everything pukes and XRP drops below $1.50 this week. Would not surprise me. It has held up better than other alts, but sellers will take control here as they have most alt charts, Olszewicz said.
Olszewicz's chart shows Fibonacci levels that may indicate support and resistance. The $2.60 0.5 retracement is above the market and may function as a barrier if XRP tries to recover.
If momentum favors bears and the head and shoulder pattern completes, the 1.618 extension around $1.42 and the 2.0 extension near $1.16 may emerge.
Another crypto researcher, Jesse Colombo, is more pessimistic on X. If complete, the head and shoulders structure may “sink [XRP] all the way back to $0.60 cents in a complete unwinding of its fall rally,” according to Colombo.
He believes XRP may quickly go below $1.80 before recovering and continuing its upward trajectory. To him, a drop to sub-$1.80 does not necessarily indicate weakness if XRP can swiftly retake that level and surge beyond the nearby resistance clusters.
Rather than a collapse below $1.80, I predict a false breakdown or fake out before the next leg up. He argues that visiting under $1.80 would not indicate weakness.
The consolidation has been ongoing since it was created, let's hope that now we can see its potential.
Crypto Ahmet
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😱🔥Ripple Is Like a Bomb Ready to Explode: Analysts Point to $6 for XRP❗
$XRP is experiencing a period of consolidation, and analysts say the price is likely to break out. Technical analysis shows that #XRP ’s price could carry the dollar in the short term at 6 levels. #Ripple (XRP) is currently forming a symmetrical triangle formation, where its price is squeezed between two converging trend lines. This indicates the amount of momentum, and according to many analysts, the XRP price could make a significant rise if this formation is broken. DefendDark, a well-known analyst, suggests that the symmetrical triangle pattern could carry XRP in 6 directions in a short time. Technical analysis: Targets are becoming clear XRP’s price movements continue as it approaches the triangle progression. Such formations usually herald a major move, and this move can occur either upwards or downwards. Fibonacci retracement analysis identifies critical levels for XRP: $2.04 stands out as the support level, while $2.20 is a significant resistance level. If XRP breaks $2.20, it will confirm the bullish trend and the price could rise between $5 and $8 in the medium term. These targets are one of the predictions made by DefendDark. The Elliott Wave theory is also the carrier of this optimism. This theory allows price movements to progress in five waves. The first five waves show the increasing optimism of the rise, while the three waves indicate periods of recovery, profit-taking and pessimism. These waves are driven by the psychology of the investor and can be seen in different time frames. XRP’s current price movements seem to reflect increasing optimism. Regulations: How Will the Crypto Hearing on April 9 Affect XRP? On the other hand, the crypto hearing to be held in the US House of Representatives on April 9 could have significant effects on XRP and other digital assets. Titled “American Innovation and the Future of Digital Assets: Adapting U.S. Securities Law for the Digital Age,” the hearing could be a step toward the flow of a new regulatory landscape for digital assets. These developments could increase interest in cryptocurrencies with markets that are aligned with the U.S. government, such as XRP. #VoteToListOnBinance #BinanceAlphaAlert #TrumpTariffs
If you are thinking of buying #XRP better consider leaving your money in the bank, because in the long run it makes no difference, in neither case will you win.
XRP is the closest thing to a stablecoin, it will never go up, no matter how much money comes in
Freeman Gunyan BkCI
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why enter into scam coins if you have no idea who is behind the project? enter in sol, xrp, even doge are better, after that the rest is for short trading
Because no altcoin, including XRP, has autonomy; they do not move based on supply and demand. They only replicate the behavior of the BITCOIN PATTERN.
el_flaco_2025
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$XRP The most enigmatic cryptocurrency of all, with concluded trials, banks joining in, investors buying, and yet, not taking off... Does anyone understand why?
XRP is the closest thing to a stablecoin, it won't rise for a long time and if it does, it will only be to reach previous highs, it is unlikely that another BITCOIN will be repeated.
Porte2
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#XRP what will happen with this currency, will it be just an illusion and market manipulation?
XRP is just another stablecoin, don't expect much from it.
Miguel Shallenberger PtMj
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I have invested about 350 tokens in XRP, and I have been at the same amount for about 2 months, neither up nor down from the same point I am at now. It is true that there have been ups and downs, but I have held the coin until now. Every day I am reading that the coin is going to explode, that it is making new agreements with institutions, and I don't know whether to keep holding the coin. Do you all think that in the end XRP will do a x2 or x3 this year#xrp