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Good News for Ripple Investors: Is XRP Preparing for a Rebound?

TL;DR Ripple’s ability to defend from a price drop below the critical support at $2 could be a proper entry signal. The narrative is also supported by a popular technical indicator, which just flashed a buy signal. The past week didn’t go well for the fourth-largest cryptocurrency, which is down by over 6% within this timeframe. Thursday evening was a particularly painful trading period for the asset as Trump’s latest tariffs pushed it south to a three-week low of $1.96. This meant that XRP had lost roughly 25% of its value since March 19, when it peaked at $2.6 after the announcement by Ripple’s CEO, Brad Garlinghouse, that the lawsuit against the US SEC had effectively ended. Nevertheless, the cross-border token reacted well to the brief slip below the key support line at $2 and bounced off above it almost immediately. The past 12 hours or so have been more promising as XRP now trades at $2.1. Renowned crypto analyst Ali Martinez highlighted the importance of the $2 support numerous times in the past, warning that XRP could slump to $1.2 if it breaks to the downside. Now that it managed to defend the asset, it could be the propeller of another rally. Martinez substantiated his position by mentioning the TD Sequential – a metric that shows the market exhaustion in either direction. According to the analyst, the technical indicator had flashed a buy signal on the daily after XRP held above $2, which could trigger a trend reversal and lead to upcoming gains. $XRP could be setting up for a rebound! Holding above $2 while the TD Sequential flashes a buy signal! pic.twitter.com/LZBaQxvb2N — Ali (@ali_charts) April 3, 2025 This prediction is in stark contrast to the concerning developments around ADA and LINK, where whales had started to offload substantial portions of both assets. The post Good News for Ripple Investors: Is XRP Preparing for a Rebound? appeared first on CryptoPotato . CoinDesk

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XRP on a Pause Before the Next Massive Move to the Upside, Predicts Crypto Analyst – But There’s a Catch

A cryptocurrency analyst and trader is leaning bullish on XRP ( XRP ) as the fourth-largest crypto asset by market cap hovers around 40% below the 2025 high of about $3.40. The analyst pseudonymously known as Credible Crypto tells his 69,300 YouTube subscribers that XRP is currently in a consolidation phase. “XRP has been one of the strongest crypto assets since November in terms of returns on investment (ROI), in terms of gains… …XRP in my opinion is clearly a market leader here. And we are consolidating, we are correcting right now after hitting a high of $3.40. And I’ve said many times that in my opinion, this consolidation, this correction is simply a pause before the next massive leg to the upside.” According to the pseudonymous analyst, XRP could, however, plummet further before a bullish reversal. “I think that we’re going to see a move below these range lows at $1.80. We could go as low as the green area of demand here, which is between $1.30 to $1.60. How low we go into that, or how deep we go into that, whether we even test it at all is unknown. But the minimum target is the range lows [around $1.30] and then we should see a reversal back to the upside for the next leg to the upside.” Source: Credible Crypto/YouTube The pseudonymous analyst further says, “But the point here is that XRP is incredibly, incredibly strong. And yes, it is correcting. And in the immediate short term, I think it’s going to be a little bit weak as it moves down about 20% to the downside. So we are expecting some weakness on XRP, but only around 20% to 30% of weakness.” XRP is trading at $2.02 at time of writing. ? Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post XRP on a Pause Before the Next Massive Move to the Upside, Predicts Crypto Analyst – But There’s a Catch appeared first on The Daily Hodl . CoinDesk