XRP has been struggling to find firm ground as it continues to trade in a bearish trend. Over the past week, the price dropped below a crucial support zone between $2.50 and $2.10, triggering a sharp fall toward the $1.95 to $1.92 range.
As predicted earlier, XRP did find temporary support around $1.92, bouncing slightly from that level. However, if the price breaks below $1.90 on a daily closing basis, it could trigger a further decline towards $1.80 to $1.79, which is considered the next key support zone.
For now, resistance for XRP stands between $2.16 and $2.60. A decisive breakout above $2.16 would be the first sign that the downtrend might be easing. Until then, the overall market structure remains bearish on the daily chart, with small bounces likely but no confirmed trend reversal yet.
If XRP falls below $1.79, it could enter a risky zone where lower levels like $1.56 and even $1.21 might come into play. On the other hand, a break above resistance with a strong five-wave pattern could hint at a bullish recovery starting earlier than expected.
Analyst Casi Trades has warned that XRP is once again approaching a key support level at $1.90. Casi explained that this kind of “bounce-then-final-dip” move is common before a proper bottom forms. While nothing is confirmed yet, XRP remains in a wider trading range between $2.13 and $1.55.
“This week is already full of tension in world events and in the charts. Eyes on this next test. If the reaction is strong, this may be the last low we get before wave 3 ignites,” the analyst said.
XRP could reach up to $5.81 in 2025, supported by institutional demand and Ripple’s growing global adoption.
By 2030, XRP is forecasted to trade between $17.00 and $26.50, depending on market trends and adoption rates.
XRP could trade between $97.50 and $179.00 in 2040 if utility grows and crypto becomes widely accepted globally.
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