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XRP News: Analysts Predict Potential 55% Price Drop for Ripple’s XRP

XRP News: Analysts Predict Potential 55% Price Drop for Ripple’s XRP

Author:
XRP News
Published:
2025-03-29 05:49:26
22
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Ripple’s XRP To See A 50% Crash In Price? Analysts Share Short-Term Outlook

The outlook for Ripple’s XRP is mixed, with analysts noting both bullish and bearish patterns. Prominent analyst Peter Brandt has identified a head-and-shoulders pattern on the XRP daily chart, suggesting a potential price drop. According to Brandt, XRP could fall to levels of $1.07 or $1.90 in the NEAR term, with a break below $3 weakening the H&S model and indicating a possible 55% price drop.

XRP Crash Incoming? Traders Brace For A Steep Decline

The crypto market is wavering, with XRP at the forefront. Technical instability has worsened with new customs taxes on automotive imports announced by Donald Trump. Coupled with declining expectations for monetary easing from the Fed, analysts fear a 40% drop, pushing XRP into a potential downward spiral. The weekly chart shows a descending triangle, a bearish signal. The market waits anxiously amid technical alarms and macroeconomic tensions.

XRP News: Market Cap Forecast Shows Potential to Rival Microsoft or Drop Significantly

Bitwise released a forecast on March 26, 2025, projecting two sharply divergent futures for XRP’s market cap. By 2030, XRP could either climb to a $2.9 trillion market capitalization, surpassing Microsoft’s current valuation, or tumble to just 13 cents per token. As of the forecast date, the cryptocurrency market stood at roughly $2.5 trillion, with XRP ranking fourth, holding a market cap of $128.9 billion at $2.21 per token. Bitwise’s forecast hinges on XRP’s potential to play a major role in tokenization and digital payments. In the ’max scenario,’ XRP could hit $29.32 by 2030, reaching a market cap of $2.9 trillion.

Why XRP Is Falling?

XRP recorded the largest drop among major cryptocurrencies this week, driven by a mix of technical and fundamental factors. Market-wide corrections led to increased sell pressure, but XRP’s decline was amplified by regulatory uncertainty surrounding Ripple and decreased trading volume. Additionally, profit-taking by short-term investors following recent price spikes contributed to the sell-off. While other assets showed resilience, XRP struggled to hold key support levels, raising concerns about further downside if market sentiment doesn’t improve.

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