XRP’s recent volatility has reignited interest among crypto analysts, with the token attempting to stabilize following sharp price swings. On April 9, XRP spiked to $2.08 before retracing, later recovering to hover around $2.24. The move has prompted experts to map out crucial support levels and long-term price targets.
Technical analyst Casi Trades flagged $2.24 as a critical resistance level, noting it aligns with the .382 Fibonacci retracement zone. Bearish signals on the Relative Strength Index (RSI) across several timeframes suggest a potential cooling period for bullish momentum.
Casi pointed to $1.90 as a key support zone, backed by the .5 Fibonacci level, which could act as a launchpad for a short-term rebound. A deeper correction could bring XRP to $1.55, aligning with the golden .618 Fibonacci level and a projected Wave 2 correction per Elliott Wave Theory. She emphasized a strategy driven by market structure rather than emotional trades.
Analyst Egrag Crypto echoed a cautious tone, warning that failure to hold above $2.30–$2.50 on the five-day chart could push XRP to $1.85. Still, he maintains a bullish long-term stance, citing price targets of $7.50, $13, and $27. He also noted the potential for sudden market-wide liquidations that could spark more volatility.
#XRP – The XRP Kangaroo is Clucking!🦘
— EGRAG CRYPTO (@egragcrypto) April 13, 2025
Trust me, we're likely facing one more dip. If #XRP doesn't close above $2.30-$2.50 on the 5-day time frame, a potential retest of $1.85 is still on the table. Targets remain the same—nothing has changed:
1⃣ $7.50
2⃣ $13
3⃣ $27
There's… pic.twitter.com/0RTHqSKXec
Beyond technicals, community voices remain focused on Ripple’s ongoing legal battle with the SEC. Influencer All Things XRP cautioned that expectations of a rally post-lawsuit may be misplaced, arguing much of the legal outcome is already priced in. He believes Ripple’s future actions—such as boosting partnerships and real-world utility—will be the true drivers of XRP’s value.
Also Read: XRP Price Eyes $2.17 Resistance Amid Bullish Momentum — Elliot Wave Analysis
For now, all eyes remain on the $2.30 resistance and $1.90 support zones, as XRP traders prepare for the token’s next decisive move.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
