XRP Could Tank to $1.4? Here’s Why That’s Basically Just Crypto Comedy

by

So, XRP’s playing that classic crypto game: “Hey, I’m kinda coming back, but maybe not, who knows?” The broader market’s looking a little green, like it had a good salad for lunch. Experts? Oh, they’re not buying the full comeback story yet. Nope. They’re betting XRP might do a nosedive to $1.4 or $1.3 before deciding to grow up and maybe hit double digits. Like that annoying friend who promises to change but still shows up late.

XRP Price Takes a Little Leap, Analyst Yells “Plot Twist!”

XRP was up about 1%, trading at $2.09—yeah, with a trading volume drop of 6%, because why not? It’s like a party where fewer people showed up. The price hit a high of $2.12 and tied its shoelaces at $2.06, meanwhile, Futures Open Interest crept up 0.5%, probably because someone thought, “Hey, I’ll bet on this circus.”

Market pros? They’re watching like hawks sniffing out squirrels. They say don’t get cozy just yet; XRP might crash down to $1.4 or lower before it decides to bounce back. Plus, the Ripple vs SEC saga is like a soap opera nobody switches off.

“The XRP Kangaroo is Clucking” — Trust Me, It Makes Sense

Crypto analyst EGRAG CRYPTO, who sounds like he belongs in a cartoon, warned the kangaroo (yes, he really said that) is “clucking.” Translation? Unless XRP can pull off a close above $2.30–$2.50 on the 5-day chart, expect a visit from the $1.85 neighborhood. And don’t blink, there might be a flash-crash “wick” plunging to $1.4, like some market nightmare.

Oh, and guess what? These zig-zags usually come with surprise headlines cooked up by market makers—because chaos is just a strategy now. Remember China’s mining ban? Tariffs going up and down? Those aren’t just news; they’re puppeteers pulling strings to irritate your portfolio.

Meanwhile, EGRAG is chilling—no hero trades, no fancy shorts or longs, just holding and stacking XRP like a squirrel hoarding nuts. Despite the scary dips, he believes the long game targets are $7.50, $13, heck, maybe even $27. Dream big or go home, right?

Liquidation Event? More Like Market Mischief

EGRAG’s takeaway: XRP price moves are basically a soap opera powered by headline writers on Red Bull. The US just launched the first XRP ETF—cue the market hype train. JPMorgan says $15 is possible, so naturally, people get excited. But these wild price swings? Not about fundamentals; it’s big fish shaking out the little guys to grab popcorn and watch the fireworks.

“Tariffs on? Market dumps. Tariffs off? Market pumps.” Like a toddler’s mood swings but with billions involved. So yeah, expect engineered drama, because crypto without drama is like Larry David not complaining about something trivial—unthinkable.

The Dip To $1.29 is Just Crypto’s Way of Keeping You Awake

Analyst Ali Martinez jumps in agreeing XRP might do a cameo at $1.29 before rebounding like it just remembered it has bills to pay. He quotes a chart guru named Thomas Bulkowski because every good story needs a wise old sage. Martinez says this kind of pullback happens “just to make trading interesting”—translation: crypto loves to mess with your head.

So, what do the gurus say? Don’t panic-sell or throw your laptop out the window. Just grab some popcorn, keep an eye on those charts, and hope your crypto doesn’t turn into a tragicomic episode. Because despite all the chaos, they reckon XRP might still pull off a happy ending. Or not. Either way, it’s never boring.

Read More

2025-04-17 15:21