Fun

Analyst Predicts XRP Price Could Rebound To $4, But Bulls Must Hold This Line

News Feed - 2025-03-20 07:03:14

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español.


Crypto analyst CoinsKid has predicted that the XRP price could soon rally to $4, which represents a new all-time high (ATH)for the altcoin. He also warned that XRP bulls must hold the line to avoid a potential drop to as low as $1.64.  Analyst Predicts XRP Price Could Rebound To $4


In an X post, CoinsKid predicted that the XRP price could rebound to as high as $4 if the altcoin takes out the local January 2025 high, when it rallied to its current ATH at around $3.4. He added that XRP may go beyond this $4 target on the bull runin the crypto market. In the meantime, the analyst warned that XRP bulls must hold the line to avoid a significant correction. Related Reading XRP Price Continuation After Crash Below $2.4? New Targets Emerge 3 weeks ago


CoinsKid said that failure to hold the 20 Weighted Moving Average could spark a deeper correction for the altcoin, sending the altcoin to a minimal target of $1.64. The analyst went further to discuss XRP’s current price action. He noted that the altcoin is missing a 5th wave from the July 2024 bottom. 


The analyst further opined that the XRP price has been in a wave 4 irregular expanded flat ABC correctionsince December 2024. He revealed that XRP is currently holding the 20 Weighted Moving Average, which is a sign of strength from the bulls. However, he warned that they must continue to hold the line to avoid a drop to as low as $1.64.


Meanwhile, he mentioned that the RSI and the retail top were the key data points that pointed to an XRP price correction back in December. As to what could spark this price rebound to $4, CoinsKid alluded to the global money supply, which shows that liquidity is entering the market soon after leaving in December.  $5 Is Also In Sight For The Asset


Crypto analyst Dark Defenderhas also predicted that the XRP price could rally to as high as $5.85, although it would face significant resistance at $3.39, around its current all-time high. The analyst also highlighted $2.30 and $2.22 as the support levels that XRP needs to hold above as it eyes a rally to this $5 target.  Source: Dark Defender on X


Meanwhile, the analyst also revealed that the primary correction for the price on the weekly, daily, and 4-hour structure is over. He noted that there will be more minor ups and downs. However, Dark Defender suggested XRP was well primed for a bullish reversal. He added that the altcoin has started wave 1 with the aim of rallying to this $5 target. 


Related Reading: Crypto Pundit Reignites $100 XRP Price Target, What You Should Know


At the time of writing, the XRP price is trading at around $2.28, up in the last 24 hours, according to datafrom CoinMarketCap. XRP trading at $2.3 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com

News Feed

Ezra Reguerra15 hours agoBNB Smart Chain scam losses dropped 75% in Q3: ReportSecurity firm HashDit says the lower amount lost to scams on BSC could be due to an uptrend in security products addressing the threat.1963 To
Helen Partz14 hours agoFantom Foundation awards $1.7M bounty for preventing $170M drainIn the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $
Celsius small business creditors demand reimbursement after 35% cut in claims
Christopher Roark10 hours agoCelsius small business creditors demand reimbursement after 35% cut in claimsTwo Celsius creditors have filed a motion asking for a second distribution after they allegedly suffered reduced p
MEXC’s Changing for You | The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders
MEXC"s Changing for You | The 1st Exchange to Launch a Zero Maker Fee Event for Futures Orders press release PRESS RELEASE. In September of this year, blockchain media outlet, Coint
Bitcoin eats up fresh bid liquidity as BTC price fights for $65K
William Suberg9 hours agoBitcoin eats up fresh bid liquidity as BTC price fights for $65KBitcoin is in no mood for a comprehensive BTC price recovery as the week gets underway.2031 Total views16 Total sharesListen to art
Savannah Fortis9 hours agoGoogle updates its privacy policy to allow data scraping for AI trainingThe latest updates to Google’s privacy policy reveal that Google may use any public information available to train its v
Dogecoin Explodes 112% – Is $1 The New Target After This Historic Rally?
Este artículo también está disponible en español. Dogecoin (DOGE) has become one of the most popular cryptocurrencies after a 112% growth in the past week. DOGE leads ano
3 things that can spoil a potentially bullish July for Bitcoin
Yashu Gola5 hours ago3 things that can spoil a potentially bullish July for BitcoinBTC price is likely to face headwinds in July from Mt. Gox repayments that could result in a "bull pennant" breakdown on the ch
Chinese Authorities Arrest Alleged Masterminds Behind an Online Virtual Currency Pyramid Scheme
Chinese Authorities Arrest Alleged Masterminds Behind an Online Virtual Currency Pyramid Scheme Authorities in China recently announced the arrest of ten suspects they say are behi
Alice Ivey13 hours ago5 AI-themed movies to watchFrom dystopian futures to emotionally charged connections, AI-themed movies have a unique way of tapping into our fascination with artificial intelligence.633 Total views7
Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization
Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization Russian institutions have responded to a call fromа public movement for joint efforts to
XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025
Este artículo también está disponible en español. Egrag Crypto, a well-known crypto analyst on the social media platform X, recently shared an optimistic price prediction