XRP Eyes Potential 30% Surge as Analyst Highlights $2 Support Level
In the ever-volatile world of cryptocurrencies, XRP has been making headlines once again. A renowned analyst has predicted a potential 30% surge for the Ripple-affiliated token, citing the crucial $2 support level. Here’s a closer look at the developments surrounding XRP and what this means for investors.
Analyst Discusses Potential 30% Surge for XRP
Ripple’s cross-border token XRP is trading at a crucial level. A renowned crypto analyst has highlighted the importance of the $2 support level for XRP’s future price movements. The asset has tested this level multiple times in the past month but ultimately withstood the pressure. XRP remained among the top performers since the US elections in early November. Moreover, after a crash on March 11, the token bounced off impressively and shot up to $2.6 within the next week. However, the worst-case scenario sees the asset dropping to $1.3.
XRP Price Holds Steady at $2.13 Amid Bullish April Predictions
Ripple’s XRP surged to $2.17 during Saturday’s session before retracing to $2.13, extending its multi-day rebound. The rally followed renewed U.S.–China trade tensions, after China imposed a fresh round of tariffs on American goods, prompting a capital rotation from equities into digital assets. Investors viewed digital assets as inflation-hedged and geopolitically neutral, which helped Bitcoin reclaim $83,000, Ethereum surpass $1,800, and XRP gain 12% in two days. The total crypto market cap rebounded to $2.78 trillion, with XRP emerging as one of the top performers.
Ripple XRP May Crash, Expert Suggests: How Low Can it Fall?
Ripple’s XRP has faced immense selling pressure over the past month, with its price falling 13% in the last 30 days. The asset’s dropoff slowed last week, but some analysts remain fearful of a further slump. President Donald Trump’s global tariff announcement caused concerns in both the stock and crypto markets, affecting top tokens like XRP, ETH, and SOL. The introduction of tariffs triggered $19 million in liquidations over the last day. XRP is now facing the critical $2 support level and has shown some rebound in the last 48 hours. Experts have identified a descending triangle on the asset’s daily chart, suggesting that the price could drop further with a continuing sell-off.
XRP Price Latest News & Yeti Ouro Presale Dominates Market
The crypto market has recently experienced a massive decline, with XRP being one of the most affected coins. Despite this, XRP has shown resilience, gaining 246.32% over the past year and currently trading at $2.01. However, it is down 4.99% in the last 24 hours with a market cap of $116.97 billion. Meanwhile, Yeti Ouro (YETIO) is disrupting the crypto space by merging with GameFi, with its presale success proving that utility-driven tokens are the future of blockchain-based gaming.
