News View Non-AMP

Ripple Price News: Analyst Who Called XRP’s $3.36 Top Expects $2 Retest, Then Breakout

Published by
Anjali Belgaumkar

Popular crypto market analyst Francis Hunt, better known as “The Market Sniper,” recently shared his latest views on XRP’s price movements — and while the token has been stuck in a range for some time, Hunt says a big breakout is still on the cards.

A Perfect Call at $3.36 and What Followed

Hunt recalled that his team had accurately called XRP’s previous high at $3.36, a price they predicted would act as a temporary top. Since hitting that level, XRP has fallen into what he describes as a falling wedge pattern — a technical setup where the price steadily moves lower within a narrowing range. Typically, falling wedges tend to break upwards, and Hunt expects XRP to follow this pattern eventually.

The Importance of the $2 Support Zone

According to Hunt, the $2 mark has become one of the most crucial support levels for XRP. Even though the token dipped below it a few times, each drop was quickly bought up, showing there are big buyers in that area. He believes this is a good sign for long-term bulls, as it means strong hands are defending the price around $2.

While the current market isn’t showing much strength — especially with Bitcoin taking a hit recently — XRP still hasn’t broken down decisively. Hunt points out that while he exited some of his positions at the $3.36 high, he’s watching for a chance to jump back in if XRP drops slightly below $2 for brief periods, as it could offer “one or two lucky fills.”

Why the Falling Wedge Matters

The falling wedge pattern XRP is stuck in has lasted longer than expected, but according to Hunt, the longer this kind of setup holds, the stronger the eventual breakout tends to be. He explained that most of XRP’s trading action has happened in the lower half of the wedge, hinting that pressure is building for an upward move.

However, Hunt warns that external market shocks — such as geopolitical conflicts or economic crises — could temporarily derail this setup.

FAQs

What price will XRP reach in 2025?

XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.

What is the XRP price prediction for 2030?

By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.

Where will XRP be in 2040?

XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

CZ Clarifies Binance Has No Official Role in Aster DEX’s Rapid Growth

The cryptocurrency world loves rumors, and lately, many have been circulating about Binance founder Changpeng…

September 28, 2025

Crypto Treasuries Companies May Crash Markets Nearly 80%, Like Dotcoms!

Crypto treasuries have become the talk of this market cycle, with institutions and corporations scooping…

September 28, 2025

Dogecoin Price at Risk: 20% Drop Looms if Bulls Fail to Reignite Momentum

Dogecoin (DOGE) has recently pushed past the $0.24 mark, signaling renewed strength in its price…

September 28, 2025

Ethereum’s Road to $6000: Why Testing $3,700 in Q4 2025 Could Define the ETH Price Rally

Ethereum (ETH) is about to enter Q4 2025 at a pivotal moment, with traders closely…

September 27, 2025

Quantum Computing vs. Crypto: Are Exchanges Ready for the Next Big Threat?

Crypto markets are under pressure: Bitcoin dipped below $111,000 following macroeconomic shocks, and liquidity stress…

September 27, 2025

Russian Firms Move Billions Using Crypto to Bypass Sanctions: Report

A recent report from blockchain firm Elliptic reveals how Russian state-linked networks have been using…

September 27, 2025