XRP Price Analysis: XRP Defies Odds with 6% Surge, Could We See a $2.70 Price by April?

The XRP price has recently shown positive signs after hitting a local low of $2.0238 on April 1. Since then, the cryptocurrency has rebounded by nearly 6%, sparking debates among experts about whether XRP has finally reached its bottom or if further declines are on the cards. Prominent chartist CasiTrades has suggested that XRP may have found its local bottom after testing the 0.786 Fibonacci retracement level at $2.05.

She highlighted bullish divergences across multiple periods, from 15 minutes to 4 hours, which indicate a high chance for both short-term comebacks and a broader uptrend. CasiTrade’s XRP price analysis points to key resistance at $2.25, indicating that a strong XRP breakout above this level will lead it higher, without the need to retest the support. To add to that, she also predicts a “bullish window” in April, with potential upside targets at $2.70 and $3.80.

Charting Guy Begs To Differ, Corrective Dive Incoming

On the other hand, famous analyst Charting Guy remains cautious about the possibility of a retracement. He notes market hype about a potential head-and-shoulders pattern with a bearish target near $1.15, but describes the pattern as “irregular and unlikely to play out”. In his XRP price analysis, Charting Guy states that the overall trend remains bullish with the higher highs and higher lows. He identifies the key support zones between $1.7 and $1.9. He also suggests that a final corrective dive near $1.90 could signal the end of the current correctional phase.

Additional support levels include the Ichimoku cloud baseline at $1.94 and the Weekly EMA Ribbon between $1.46 and $1.93, which gives XRP strong backing in case it declines further. While opinions vary, both analysts agree that XRP’s price action is at a critical point. A decisive move above $2.25 at this stage could confirm bullish momentum. Whereas, failure to hold current support might lead to a deeper foray below. As exciting price action unfolds, let us also take a look at XRP’s recent performance and form a short-term XRP price prediction.

XRP Price Analysis of the Last 24 Hours

XRP commenced price action yesterday at $2.10, launching off the $2.07 support. It failed to break the $2.12 resistance but was able to find a higher support at $2.0897. XRP fluctuated further and finally, at 8:00 UTC, a golden cross instigated the XRP breakout, taking it up to $2.19. With the RSI indicating overbought conditions, XRP slowly faced correction in a downward channel. 

Chart1: analyzed by raodevansh18, published on TradingView, April 2, 2025

With a golden cross at noon, XRP attempted to reverse the trend and started climbing again, going to $2.15 from $2.12. But rapid action on the MACD followed, and XRP dipped instantly, going to $2.10. A golden cross appeared right after as XRP spiked back to $2.17. A downtrend ensued as the buying pressure lost steam, with XRP back at the $2.12 level. Fluctuations continued, with XRP showcasing a slight uptrend, reaching $2.154. However, at 22:50 UTC, a death cross formed, instigating an extended downtrend which ultimately led XRP to $2.07 by 6:45 UTC on April 2.  At 7:15, another golden cross was observed, taking XRP up.

XRP Price Prediction: Can XRP Steer Clear of Sub-$2 Ranges?

The XRP token has done well to stay afloat in the $2+ territory, but claims that it will face a correctional dip soon have been made. If the XRP price is able to form a strong support near $2.15, going beyond will be easier. However, the EMAs seem to be converging, prompting at a strong reversal soon. Given that, XRP’s price action today depends on how quickly it finds support.