XRP’s $2.90 Gambit: Will It Leap to $5 or Collapse Like a Soviet Economy? 🚀📉

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XRP Price today dipped below $3, as Bitcoin, that paragon of stability, plummeted past $110K over the weekend. A true test of faith for any investor 🙏. While other top crypto altcoins fell nearly 5% to 8%, XRP managed to control its drop-like a well-trained squirrel avoiding a trap 🐿️.

This strength has caught the eye of veteran crypto trader CasiTrades, who now predicts the XRP price to surge towards $5 soon. 🧠✨

Here’s why! 🤔

XRP Price Stands Strong

According to CasiTrades, the XRP Price is showing strong signs of a potential rally. The chart shows the altcoin trading within a compressed range, a sign that the market is holding its breath, waiting for the next act in this financial drama 🎭. 📊

The XRP price has dropped to a low of $2.83, now trading well above the $2.90 resistance level, a critical level that lines up with the golden retracement zone (0.618 Fib). Dropping below this key level will ignite the bearish trend and invalidate the analysis. 🚨 Therefore, CasiTrades noted that as long as XRP holds these key support levels, the chances of a bullish breakout grow stronger-assuming the market isn’t a lying jester 🤡.

Will XRP Price See Recovery?

Meanwhile, the first confirmation level sits at $3.12, which has acted as resistance in recent sessions. A clean break above that price could open the doors to higher Fibonacci targets in the $4.40-$5.50 range, aligning with what traders expect to be a strong bullish impulse. 🚀 But if Bitcoin drops to its July month low or below $108K, XRP might follow the drop, which will push its price to test around $2.75 or further to $2.6. A true rollercoaster ride for the brave 💥.

Whales Moving XRP to Exchanges

Adding to this analysis, another well-known crypto analyst from CryptoQuant, PelinayPA, highlighted a different angle using exchange inflow data. According to her chart, large waves of XRP moving onto exchanges have often signaled profit-taking phases. 🧾

At the start of 2025, when XRP spiked to $3.5-$4, similar inflow waves appeared – especially from whales holding 100K-1M+ XRP. This indicates that big investors may already be cashing out, which raises the risk of a correction. 🚨

PelinayPA outlined three possible scenarios:

  • Short-Term Risk: Heavy inflows could drag XRP down toward the $2.8-$3 support zone. A pitiful descent for a once-great asset 📉.
  • Mid-Term Setup: If $3 holds strong, it could serve as a launchpad for another bullish rally, with key resistance at $4.2-$4.5. A hopeful leap for the optimists 🧘.
  • Long-Term Outlook: Unlike past cycles, XRP is now in a stronger structural uptrend. If momentum continues, levels above $5 in 2025 are still within reach. A dream, perhaps, but dreams are free 💭.

This perspective shows that while XRP’s long-term picture remains bullish, traders should stay alert to short-term selling pressure triggered by whales. A dance of chaos and hope 🕺.

As of now, XRP price is trading around $2.89, reflecting a drop of 4.77% seen in the last 24 hours, with a market cap hitting $172 billion. A number that makes even the most seasoned investors question their life choices 🤯.

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2025-08-26 09:28