XRP Price Analysis: Is a Crash Inevitable?

Today’s XRP news highlights a price drop of over 13%, in line with a broader correction across the crypto market, accompanied by a surge in trading volume. 

Amid this situation, a prominent analyst has come into the spotlight with a fresh warning about the potential for Ripple’s coin to decline further—possibly reaching $0.74, based on historical trends.

However, it's important to note that while the short-term outlook appears bearish, the analyst remains optimistic about the coin's long-term trajectory.

Historical Patterns Point to Potential XRP Price Decline

The significant drop in XRP's price today has become a major talking point amidst the bearish sentiment gripping the broader crypto market. Leading market analyst EGRAG CRYPTO has once again shared his analysis, capturing the attention of the crypto community. 

He issued a warning about the potential recurrence of a historical downward pattern previously observed in Ripple’s market cycles. This prediction quickly made headlines, especially among XRP investors and price watchers.

Also Read: XRP Price Prediction April 2025: Can It Hit $2.60 Despite Trump Tariffs?

Looking Back at XRP’s Past Market Cycles

EGRAG CRYPTO referenced data from two previous crypto market cycles—2017 and 2021. 

His analysis showed that XRP experienced deep corrections after reaching its local peaks. In the 2017 cycle, XRP saw a dramatic 73% decline from peak to trough. A similar pattern occurred in 2021, where Ripple's price dropped by 78% from its high point.

Potential Price Targets Based on Historical Analysis

Drawing from these historical patterns, EGRAG CRYPTO projected that a similar price movement might occur again. He forecasted a potential XRP drop toward $0.91—or even lower, to around $0.74. These targets are based on the percentage declines seen in previous market cycles. This analysis has raised caution among XRP crypto investors.

Hope Amidst a Potential Decline: The Prospect of Strong Recovery

Despite the warnings of a price drop, EGRAG CRYPTO also pointed out the positive side of Ripple’s historical patterns. He noted that after substantial declines, XRP has demonstrated the ability to rebound strongly. In 2017, the price of XRP skyrocketed by 2700% after hitting its lowest point. A similarly strong recovery was observed in 2021, with XRP’s value increasing by 1000% following a correction.

Key Technical Indicators Signal Potential for XRP Rebound

EGRAG highlighted the 200-day Moving Average (MA) as a critical support zone. He explained that in previous downturns, XRP fell below this average but managed to recover. A key signal to watch, he said, is the interaction between the 50-day MA and the 200-day MA.

“As long as the 50-day MA hasn’t made a bearish crossover with the 200-day MA, and XRP rebounds after testing the 200-day MA, we’re still in a bull run!” he suggested.

In other words, if XRP touches the 200-day MA and bounces back before a bearish crossover occurs, there is strong potential for upward movement.

Also Read: Bank of America Partners with Ripple, What Are the Important Implications?

How Is Ripple Performing Right Now?

Today, the crypto market was shaken by XRP’s more than 13% drop, bringing its trading price down to around $1.78. This sharp decline came amid a massive 500% surge in daily trading volume, reaching $12 billion. 

Market data shows that XRP hit a 24-hour low of $1.64 and a high of $2.09, indicating extreme volatility within a short period.

Drop in XRP Futures Open Interest Reflects Gloomy Sentiment

Further data shows that XRP Futures Open Interest also fell significantly—by 18% to $2.9 billion. This decline is often seen as a sign of waning speculative interest and a generally bearish market sentiment toward XRP’s future price movement.

Analysts Predict Further Downturn, but Maintain Long-Term Optimism

Amid price turbulence, experts like EGRAG CRYPTO have sparked discussion with their latest predictions of potential further declines in XRP’s price. These forecasts have added to the concerns among short-term investors.

Interestingly, despite the current selling pressure, analysts overall seem to maintain a long-term bullish outlook for Ripple’s coin. This confidence likely stems from Ripple’s strong fundamentals, the potential adoption of its technology within the financial sector, and anticipated regulatory developments.

Positive News from Ripple CTO David Schwartz and Its Market Impact

Amid the negative sentiment surrounding XRP’s price, there was also some “good” news from Ripple’s CTO, David Schwartz. 

Although this article doesn’t provide details, statements from key company figures like Schwartz often attract attention from investors and can influence overall market sentiment—positively or negatively.

Conclusion

Current XRP price analysis presents a mix of technical signals and fundamental influences—especially the ongoing Ripple vs. SEC legal battle. While downside risks persist, calling a crash "inevitable" may be overstated. Investors are advised to stay informed about market developments and Ripple-related news, and to perform thorough risk assessments before making any investment decisions.

FAQ

What causes XRP price fluctuations?

XRP’s price is influenced by multiple factors, including developments in the Ripple vs. SEC lawsuit, institutional adoption levels, overall crypto market sentiment, news and updates related to Ripple, and speculative trading activity.

What should XRP investors do now?

XRP investors are advised to stay updated on market and legal developments, conduct thorough risk analysis, and invest according to their risk tolerance and financial goals. Portfolio diversification is also a wise strategy.

Does XRP have potential to rise in the future?

XRP’s potential for future price increases depends on several factors, including positive outcomes in legal matters, growing adoption, and favorable market sentiment. However, investing in crypto assets always involves risk.