XRP Price Forecast April 8 - XRP Still Crash?
2025-04-07
The price of XRP is still plummeting and has not shown any signs of recovery. At the time of writing, the price of XRP was at $1.86.
The uncertainty of the financial world triggered by Trump's policy on reciprocal tariffs and the response of related countries seems to have affected the price of XRP.
So, what is the XRP price forecast for April 8, tomorrow? Will there be signs of recovery?
XRP Price Overview Today
As of the morning of April 7, XRP has experienced a notable price decline. The cryptocurrency opened at approximately $2.1312, but steadily lost momentum throughout the day and night.
By 10:00 AM UTC, the price had dropped to around $1.86, reflecting a 12.73% decrease over the past 24 hours.
The price movement shows a consistent downward trajectory that began in the early afternoon of April 6.
Minor attempts at recovery were observed during the late-night and early-morning hours, especially between 6:00 AM and 9:00 AM, but none were strong enough to reverse the prevailing bearish trend. These rebounds were short-lived, and the price continued to decline.
Despite this, the market sentiment remains cautious or even pessimistic, suggesting that investors are either waiting for more clarity or reacting to broader market forces.
Read Also: How to Buy XRP (XRP)
Overall, the current trend signals bearish pressure on XRP, with no immediate signs of a reversal.
Traders and investors may want to closely monitor market signals and news updates for any shifts that could impact XRP’s short-term movement.
XRP Price Forecast April 8, 2025
Following the notable 12.73% decline on April 7, XRP enters April 8 in a cautious and uncertain market environment.
This disconnect between legal momentum and price movement suggests investors remain wary, possibly influenced by broader market trends or delayed confidence in Ripple’s long-term prospects.
The continuous downtrend observed throughout April 7, with XRP crashing from $2.1312 to $1.86, reflects sustained bearish pressure.
Minor rebounds throughout the night failed to hold, indicating weak buying support and suggesting further downside risk in the short term.
Forecast Scenarios for XRP on April 8
1. Bearish Continuation (High Probability):
If the current momentum persists, XRP may test lower support levels around $1.80 or potentially dip to $1.75, especially if broader market conditions remain unfavorable.
2. Stabilization & Sideways Movement (Moderate Probability):
Should buyers begin to step in, we may see XRP consolidate between $1.85–$1.95, especially if positive sentiment builds around Ripple’s legal news or if Bitcoin shows signs of strength.
3. Short-Term Rebound (Lower Probability):
A sharp recovery could occur if a major catalyst, such as official confirmation of Ripple’s legal win or renewed institutional support, emerges.
In this case, XRP could aim to retest $2.00–$2.05, though this scenario currently appears less likely given recent price action.
Technical Signals to Watch
Support Levels: $1.85, $1.80, $1.75
Resistance Levels: $1.95, $2.00
Sentiment Driver: Ripple legal news and broader crypto market movement
Overall, XRP remains under pressure heading into April 8, with a cautious outlook. Any significant recovery will likely depend on how the market digests Ripple's legal developments and whether bulls regain control.
Is XRP Still Crashing?
XRP is still going down. In the past 24 hours, its price dropped from about $2.13 to $1.86, a fall of 12.73%. The chart shows a steady decline with no strong signs of recovery yet.
Even though there’s a hint of good news, possibly a Ripple legal win, the market hasn’t reacted positively. XRP keeps making lower highs and lower lows, meaning sellers are still in control.
At this point, it looks more like a strong correction than a total crash. But if the price falls below $1.80 and doesn't bounce back, it could become a full crash.
Read Also: XRP Price Crashes After Trump Announces New Reciprocal Tariffs
For now, XRP is still in a bearish trend, and traders should be careful until things turn around.
Final Note
XRP remains under strong bearish pressure after a sharp 12.73% drop on April 7. Despite hints of positive news from Ripple’s legal front, market sentiment has not improved.
The price continues to fall, forming lower highs and lower lows — a clear sign that the downtrend is still active.
Unless a strong catalyst appears, such as a confirmed legal win or market-wide rebound, XRP is likely to:
- Test lower support levels at $1.80 or even $1.75
- Remain in correction territory, and may enter crash levels if support fails
XRP is still in a downtrend, and the risk of further decline continues on April 8. Investors should watch closely for a possible bounce or signs of stabilization, but for now, caution is key.
FAQ
1. Is XRP still crashing?
Yes, XRP is still in a strong downward trend. After dropping over 12% on April 7, there are no clear signs of recovery yet. The price continues to slide below key support levels.
2. What caused the XRP price to drop?
While the exact reason is unclear, the drop may be due to broader market weakness, profit-taking, or delayed investor reaction to Ripple's legal news, which hasn’t boosted confidence yet.
3. Will XRP recover soon?
A short-term recovery is possible if there’s a strong market rebound or confirmed positive news (e.g., Ripple’s legal win). But for now, the trend remains bearish, and XRP could fall further before stabilizing.
4. What are the key support and resistance levels to watch?
- Support: $1.85, $1.80, and $1.75
- Resistance: $1.95 and $2.00
Breaking below $1.80 may lead to sharper declines.
5. Is now a good time to buy XRP?
Not yet for short-term traders. It’s best to wait for signs of price stabilization or a confirmed reversal. Long-term investors might consider averaging in cautiously, but only with clear risk management.
Disclaimer: The content of this article does not constitute financial or investment advice.
