XRP News: Analysts Predict Either a Drop to $0.10 or a Pump to $13

XRP is back in the spotlight, and this time, the stakes feel higher than ever. After its sharp drop below the $2 mark, well-known crypto analyst Joao, who previously nailed the timing of the recent XRP crash, is now warning that the worst might not be over. According to him, the XRP price could be entering a long and painful distribution phase that stretches into late 2025. His outlook paints a grim picture, with possible dips to $1, or in a more extreme case, even as low as $0.10. Needless to say, holders are on edge, trying to make sense of what’s next as the XRP market trend continues to flash warning signs.

Big Predictions and Bigger Risks

Joao has laid out two wildly different scenarios. The first suggests XRP could fall all the way to $0.10 before bouncing back to around $0.40,  a brutal ride that would test even the most patient investors. The second, more optimistic scenario hints at a massive rally to somewhere between $5 and $6.80, although he admits this is a long shot. 

Other analysts are weighing in, too. John, another respected voice, sees signs of a further drop to $0.3827 based on recent chart patterns. Meanwhile, Egrag Crypto warns that a technical formation could lead to a 70% chance of an XRP crash, potentially pushing the XRP price to $0.65, further shaping the current XRP market trend with growing uncertainty.

A Glimmer of Hope in the Charts

Not everyone is doom and gloom, though. Analyst CasiTrades points to the $1.55 level,  right at the golden 0.618 Fibonacci retracement,  as a potential turning point. She believes that if XRP can find solid footing here, we could see the start of a strong rally, possibly sending the coin soaring to new highs between $8 and $13. With $1.90 acting as a major resistance and $1.55 as key support, all eyes are now on these critical levels. Let’s dive into the technicals to see where XRP might be headed next.

XRP Price Action Analysis of April 9, 2025

The XRP price action over the recent sessions displayed a clear transition from a consolidation phase into a descending channel, followed by a potential reversal attempt. Initially, the price moved sideways within a well-defined trading range between approximately $1.76 and $1.88. This rangebound behavior was accompanied by fluctuating RSI levels that remained mostly neutral, reflecting indecision in market momentum. However, a breakout above the range toward $1.98 met strong resistance near the $2.00 zone, which acted as a ceiling, prompting a shift into a downward-sloping channel. Within this channel, RSI dipped into oversold territory multiple times, confirming sustained bearish pressure and consistent lower highs and lower lows.

Chart 1, Analyzed by Alokkp0608, published on April 9th, 2025

Throughout the descending phase, several death crosses occurred on the MACD, reinforcing the bearish structure. However, the recent price action suggests a possible bottom formation near the $1.72 support level, as the price began to climb back, breaking out of the downward channel. This shift aligns with a golden cross forming on the MACD and an RSI rebound toward 69, just shy of the overbought threshold. These indicators and a series of higher lows and improving volume suggest a strengthening bullish momentum. If XRP maintains this trajectory, the next resistance lies near $1.90, and holding above $1.76 could fuel further upside.

XRP at a Crossroads: Will It Break Out or Break Down?

The XRP price action has everyone on edge,  and for good reason. Some analysts see warning signs of a more significant XRP crash ahead, with talk of $0.10 targets making the rounds. Others, like CasiTrades, are spotting signs of life and think a huge rally could be brewing, maybe even pushing XRP toward $13. The charts are giving us mixed signals, but one thing’s clear: momentum is building. 

With the price bouncing off key support near $1.72 and indicators flashing bullish hints, XRP might just have a shot at breaking through the $1.90 wall. As the XRP market trend teeters between extreme bearish and bullish possibilities, traders should closely watch these levels for potential price swings as XRP continues to react to macroeconomic factors and broader market trends.