XRP Price Crashing Fast With Top Analyst Warning Bigger Dips Are Ahead

XRP-0,29%
TAO6,62%

XRP price keeps sliding, and the chart is starting to tell a more uncomfortable story. Ripple price has now been moving lower for 8 straight days, quietly erasing confidence with every failed bounce. Current XRP price action shows a decline of around 15% from $2.4, yet one analyst believes this move is still unfinished and the real test may lie further below.

XRP price pushed down toward the $2.03 region, a level that stands out clearly on the chart. That area aligns with the macro 0.5 Fibonacci support, which has acted as an important decision zone throughout this correction. Price reaction at this level explains why the market paused briefly instead of continuing straight down.

CasiTrades points out that this touch of macro support was precise rather than random. XRP price respected the level almost perfectly, suggesting that buyers were waiting there. Even so, structure on the chart still shows a broader downtrend marked by lower highs and a descending resistance line pressing price lower over time.

Ripple Price Shows Short-Term Relief While Bigger Structure Stays Weak

Short-term signals on the chart hint at a possible bounce. Bullish divergence has appeared on momentum indicators as XRP price tested support. That technical shift opens the door for a move higher toward the $2.26 region, which aligns with a key retracement level and previous structure.

CasiTrades explains that this potential bounce is best viewed as a subwave move rather than a full reversal. Price remains well below major resistance, and the descending trendline continues to cap upside attempts. Ripple price still needs strength to change the broader narrative.

@CasiTrades / X

Attention now shifts to the $2.41 level. According to CasiTrades, XRP price must break above that zone and hold it as support to invalidate the deeper downside scenario. Failure to do so could turn any bounce into a temporary pause before another sharp move lower.

The chart shows how price has repeatedly rejected from this area in the past. A double top near $2.41 would still fit a corrective structure and could signal the start of another impulsive leg down. Ripple price remains vulnerable while trading below this ceiling.

Bittensor (TAO) Is Seeing Growing Momentum Again as Price and Network Activity Accelerate_**

Ripple Price Could Target $1.65 If Support Fails

The larger picture remains heavy. CasiTrades highlights $1.65 as the macro support that matters most if XRP price breaks below $2.03. That level sits well below current price and represents a deeper structural target based on the wave count shown on the chart.

Subwave movements may look messy along the way, yet the broader structure points to risk remaining skewed to the downside. XRP price behavior around current support will likely determine whether this decline accelerates or stabilizes.

Ripple price now stands at a crossroads. Short-term relief is possible, yet the chart still demands respect. Watching how XRP price reacts near resistance may reveal whether this market is preparing for recovery or simply catching its breath before the next drop.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Price Prediction: Ripple Trades Below Key Moving Averages as the 20 Millionth Bitcoin Approaches and Pepeto Targets 267x Returns

Grayscale confirmed the 20 millionth Bitcoin will be mined in March 2026, leaving only 1 million BTC left to ever exist, and when 95% of a finite asset is already circulating, the scarcity narrative reshapes how every trader thinks about value.  The xrp price prediction shows Ripple at $1.37 b

CaptainAltcoin51m ago

Grok AI Predicts the Price of XRP, Cardano and Dogecoin if NATO Enters the War

Rising geopolitical tension in the Middle East has started to influence financial markets far beyond the region. The conflict between the U.S.–Israel coalition and Iran has already triggered uncertainty across commodities, equities, and crypto markets. A new debate has emerged around what

CaptainAltcoin1h ago

Next-Generation Trade Finance Platform Launches on the XRP Ledger for Instant Global Settlements

Vlightup launched an XRPL-based trade finance platform using multi-party smart escrow and conditional fund release for global settlements. The system will focus on settlement delays, fraud risks and excessive fees, and will work to shift payments, which may take days or weeks, to seconds or m

CryptoNewsFlash1h ago

Middle East Tension & Yen Carry Risk: Is XRP Built For The Crunch?

A macro-focused financial expert focused on wealth is warning that the real risk from rising tensions in the Middle East may not be the military headlines but a chain reaction that starts with oil and ends with a test of global market liquidity — a backdrop in which settlement assets like XRP

DailyCoin1h ago
Comment
0/400
No comments