XRP Price to $1.40? Expert Warns Price Could Sink to 6-Month Lows!

XRP’s price slide shows no signs of stopping as trader Ak47 predicts the token could fall sharply to $1.40, a level not seen since October 2024. Currently trading just above $2.00, XRP has retreated from its $3.40 peak earlier this year, sparking fears of a deeper correction. Ak47’s XRP prediction, based on technical signals and historical patterns, has sent ripples through the crypto community, raising urgent questions about how low the XRP price can go. These concerns arise at a peculiar timing, as the Ripple vs SEC case ends.

AK-47’s Bearish Call: Why $1.40 Is the Critical Level

Ak47’s XRP prediction is based on a key “order block” at $1.40, a price zone where significant buying interest historically emerged, potentially halting further declines. “$XRP is likely to hit the OB around $1.4 and then from there I’ll go long,” Ak47 posted on X, highlighting this level as a probable swing low. The trader’s technical chart shows XRP breaking below a “Change of Character” (CHOCH) on the daily timeframe, signaling a bearish trend shift. 

$XRP is likely to hit the OB around $1.4 and then from there I’ll go long 🤝 pic.twitter.com/R268U38i5n

— Ak47♛ (@HolaItsAk47) April 8, 2025

After falling from $2.5 to $1.9, the next significant support at $1.4 could be tested soon. Ak47’s approach balances caution with optimism: while expecting a drop, the trader plans to buy at $1.40, indicating confidence in a rebound from that floor. This aligns with historical XRP corrections, such as the 60% plunge in 2022 during the market-wide selloff. A 44% decline from $2.5 to $1.4 would be steep but not unprecedented.

Market Forces Driving XRP Price Decline

Macroeconomic and crypto-specific challenges fuel XRP’s downward pressure in 2025. Global risk-off sentiment amid US-China trade tensions and a 6% drop in the S&P 500 weigh heavily on risk assets like XRP. Additionally, the Ripple vs SEC case is still in the works, with investors still hoping for a bull run. 

Meanwhile, the Federal Reserve’s tight monetary stance limits liquidity, removing the demand-driven rallies seen in prior years. Additionally, the crypto market’s saturation and a flight to traditional safe havens like gold, up 16% this year, divert demand from XRP. These factors create a challenging environment for the token, making Ak47’s bearish scenario plausible.

XRP Price Analysis: $2.12 Stops XRP’s Advances 

XRP commenced trading yesterday at $2.054. It initially slumped to the $2.067 support. However, violent fluctuations ensued immediately after XRP abandoned the support and fell to $2.037. With the RSI indicating oversold conditions, a reversal occurred with the 9:00 AM golden cross in support. A stable uptrend formed, leading XRP to $2.118 at 15:25 UTC. But XRP faced rejection at this point. XRP remained resilient and tested the resistance again. Failure to break across resulted in a sharp reversal as XRP slumped back to $2.053.

Chart 1 – Published on TradingView, April 17, 2025

The RSI again indicated oversold conditions, and a trend reversal ensued. XRP climbed back up to test the resistance level. But the rejection continued in the absence of further buying pressure. An extended downtrend formed, with XRP reaching $2.060 in the early hours of April 17. The XRP price currently stands at $2.095 after an early morning upward trend. 

XRP Prediction: Will XRP Break the $2.12 Resistance?

The $2.1 mark has been a thorn in XRP’s progress for the past two days. A bearish trend seems to be forming. XRP struggled with the $2.2 resistance in the past two weeks. After a recent correction, XRP appears to be struggling with $2.12. If this pattern continues, the XRP price may soon see a significant fall on the charts. Currently, the lack of buying pressure is apparent through XRP’s movements, and it is likely XRP will continue to fall. If it establishes support soon, some meaningful progress could be on the cards.