XRP Price Forecast Divergence: Analysts Debate the Price Decline vs. the Price Rise

Cryptocurrency analysts have warned that XRP could fall to $1.60, contrarian to the optimistic predictions from industry peers suggesting that the token will recover to nearly $3.00. The contrasting views highlight the uncertainty as traders weigh technical patterns and market behavior. Crypto Paradise shared a chart showing XRP could drop to the support level of $1.60, calling the move a potential "bearish trap" designed to put pressure on sellers before a reversal. He noted that if XRP rises to $2.40-2.50 and generates clear bearish signals, short-term trades could provide a favorable risk-reward ratio.

However, a continuous closing level above $2.50 would negate this outlook, requiring traders to wait for a clearer trend. The analyst emphasizes the importance of disciplined decision-making, advising against emotional reactions to price fluctuations. On the contrary, cryptocurrency analyst Ali Martinez has identified an inverse head and shoulders pattern in the XRP chart, a pattern often associated with bullish momentum. He predicts the price will rise to $2.70-$2.90 if this pattern holds, with the potential to reach new highs beyond that range. Martinez did not specify a timeline but implied that this setup depends on holding key support levels.

XRP (Ripple) is currently trading at $2.25, showing a strong recovery momentum over the past few months. It has broken out of a descending wedge pattern, a bullish technical pattern, and remains safely above key moving averages.

XRP is approaching a significant resistance level at $2.40, and a breakout above this range could accelerate the move towards $2.77–3.00. Immediate support levels are between $2.16 and $2.12, creating a buffer against potential short-term pullbacks. The overall technical sentiment towards XRP is classified as neutral to bullish, reflecting a steady upward trend with the potential for further price increases. On the institutional side, trust in XRP is steadily increasing. Asset management companies, such as UBS Wealth Management, are reportedly advising clients to gain exposure to Ripple and XRP. Moreover, investment products related to XRP have seen significant inflows in recent weeks, highlighting the growing demand from institutions.

Regarding ETFs, the landscape is changing rapidly. The SEC recently postponed its decision on the Franklin XRP Fund ETF until June 17, 2025, as part of a broader delay across the entire cryptocurrency ETF sector. However, there have been significant advancements: ProShares' leveraged and inverse XRP futures ETFs are expected to launch on April 30, 2025, and CME Group is preparing to introduce XRP futures contracts shortly thereafter. Basically, Ripple continues to provide powerful real-world utility through its payment network, positioning XRP as a reliable bridge currency for cross-border transactions. Its environmentally friendly model further enhances its appeal in an increasingly ESG-focused world (Environment, Social, Governance).