{"id":126091,"date":"2025-03-30T11:18:00","date_gmt":"2025-03-30T11:18:00","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=126091"},"modified":"2025-03-30T11:18:00","modified_gmt":"2025-03-30T11:18:00","slug":"is-xrp-price-around-2-an-opportunity-or-the-bull-markets-end-analysts-weigh-in","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=126091","title":{"rendered":"Is XRP price around $2 an opportunity or the bull market's end? Analysts weigh in"},"content":{"rendered":"

Source: Cointelegraph.com NewsXRP (XRP) has dropped nearly 40% to around $2.19, two months after hitting a multi-year high of $3.40. The cryptocurrency is tracking a broader market sell-off driven by President Donald Trump\u2019s trade war despite bullish news like the SEC dropping its case against Ripple.XRP\/USD daily price chart. Source: TradingView
\nHowever, XRP is still up 350% from its November 2024 low of $0.50, suggesting a consolidation phase after a strong rally. This sideways action has sparked discussions over whether it\u2019s the end of the bull run or a prime buying opportunity.
\nNo buying opportunity until XRP falls further
\nXRP has been consolidating between $1.77 (support) and $3.21 (resistance) since January, with repeated rejections near the top of the range and fading bullish momentum.
\nAccording to analyst CrediBULL Crypto, XRP\u2019s recent bounce attempt stalled below $2.20, reinforcing bearish control. He now expects the price to revisit the range lows around $1.77 for a potential long entry.
\nXRP\/USD four-hour price chart. Source: TradingViewThe rectangle-shaped green support area on the chart extends as low as $1.50, signaling a high-demand zone where bulls could step in.
\nA short-term marketwide bounce\u2014led primarily by Bitcoin (BTC)\u2014could trigger a temporary recovery, argues CrediBULL, emphasizing that only a clean breakout above $3.21 would confirm a bullish trend reversal.
\nUntil then, XRP remains in a sideways structure, with CrediBULL\u2019s strategy focused on watching for reactions at the $1.77 support level before committing to a long position.
\nSource: XXRP bull flag may lead to 450% price rally
\nCrediBULL highlighted XRP\u2019s sideways range between $1.77 and $3.21 as a consolidation zone, waiting for a clear breakout to confirm the next trend. Interestingly, that very range may be forming a bull flag, according to analyst Stellar Babe.
\nXRP\/USD weekly price chart. Source: TradingView\/Stellar BabeA bull flag forms when the price consolidates inside a parallel channel after undergoing a strong uptrend. It resolves when the price breaks above the upper trendline and rises by as much as the previous uptrend\u2019s height.
\nRelated: XRP price may drop another 40% as Trump tariffs spook risk traders
\nStellar Babe\u2019s analysis notes that If XRP breaks above the flag\u2019s upper boundary range at $3.21. Its projected target, based on the height of the flagpole, is around $12, up around 450% from current prices.
\nXRP\u2019s five-year channel hints at rally to $6.50
\nXRP is currently consolidating within a long-term bullish structure, according to a recent analysis by InvestingScoope.
\nThe chart shows XRP trading inside a five-year ascending channel, with the current move resembling the March 2020 to April 2021 rally based on price behavior and momentum indicators.
\nXRP\/USD weekly price chart. Source: TradingView\/InvestingScoopeDespite the pullback, the broader bullish cycle stays intact as long as XRP holds above the 50-week moving average (1W MA50).
\nInvestingScoope notes that this phase mirrors March 2021, which preceded a strong breakout. If the pattern continues, XRP price could be preparing for its next leg up with a potential target of $6.50 in the months ahead.
\nThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsXRP (XRP) has dropped nearly 40% to around $2.19, two months after hitting a multi-year high of $3.40. The cryptocurrency is tracking a broader market sell-off driven by… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126091"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=126091"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/126091\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126091"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}