{"id":11909,"date":"2025-05-09T19:53:02","date_gmt":"2025-05-09T17:53:02","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=11909"},"modified":"2025-05-09T19:53:02","modified_gmt":"2025-05-09T17:53:02","slug":"xrp-price-faces-critical-test-analyst-warns-of-potential-dip-to-1-9-if-key-resistance-isnt-surpassed","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/05\/09\/xrp-price-faces-critical-test-analyst-warns-of-potential-dip-to-1-9-if-key-resistance-isnt-surpassed\/","title":{"rendered":"XRP Price Faces Critical Test: Analyst Warns of Potential Dip to $1.9 if Key Resistance Isn’t Surpassed"},"content":{"rendered":"

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The XRP value is at a <\/span>decisive point<\/span><\/a> as it struggles to maintain a crucial technical limit while maneuvering through wider market instability. Recently, a crypto analyst provided a stark warning for XRP investors, emphasizing that <\/span>the digital currency risks plummeting<\/span><\/a> to $1.9 if it cannot overcome a significant price threshold.<\/span><\/p>\n

XRP Price Faces Risk of Dropping to $1.9<\/h2>\n

As per an <\/span>analysis<\/span><\/a> put forth by crypto analyst ‘Dom’ on X (formerly known as Twitter), the XRP price may be preparing for a severe downturn shortly. The expert indicated that the cryptocurrency has recently approached the peak of a 100-day <\/span>decreasing trendline<\/span><\/a>\u2014an area also aligned with the election <\/span>Volume Weighted Average Price (VWAP)<\/span><\/a> and the monthly rolling VWAP.<\/span><\/p>\n

Related Reading<\/span><\/h2>\n<\/p>\n

This merger of technical metrics has turned into a critical front between <\/span>bulls and bears<\/span><\/a>. While buyers strive to prevent any further losses and bolster the XRP price, the rejection at this peak indicates fragility and escalates the <\/span>threat of a downward movement<\/span><\/a>.<\/span><\/p>\n

The analyst\u2019s graph illustrates that XRP’s prices are struggling to remain above a mid-range support zone, visually represented by a horizontal grey box between $2.05 and $2.1. Inability to surpass this range could prompt a major drop toward $1.9, identified by Dom as the next crucial support level.<\/span><\/p>\n

\"XRP\"
Source: Dom on X<\/a><\/figcaption><\/figure>\n

Conversely, a breakthrough above $2.12, where various VWAPs converge, would indicate an immediate <\/span>bullish reversal<\/span><\/a> and potentially signify the start of a new <\/span>upward trajectory<\/span><\/a>. Dom has further emphasized the importance of XRP reclaiming the $2.12 mark. If bulls cannot accomplish this, the cryptocurrency\u2019s structure remains susceptible and may correct downward at any moment.<\/span><\/p>\n

With the current XRP price at $2.3, the analyst has identified a <\/span>vital upward target<\/span><\/a> on his chart. Should XRP surpass its present value, the analyst anticipates it will rise back to $2.47 \u2014 a level that would serve as a longer-term dynamic resistance.<\/span><\/p>\n

XRP Must Surpass $2.3 To Reach $3<\/h2>\n

In a recent<\/span> X post<\/span><\/a>, a crypto analyst known as ‘Lord Crypto’ pointed out that XRP is exhibiting <\/span>indications of a possible breakout<\/span><\/a> as it emerges from oversold territory with several bullish catalysts on the horizon. Following <\/span>weeks of consolidation<\/span><\/a> near the $2.00 support range, XRP is now testing the resistance level at $2.30.<\/span><\/p>\n

Related Reading<\/span><\/h2>\n<\/p>\n

Technical signals and market dynamics seem to be favoring bulls. The <\/span>Stochastic Relative Strength Index (RSI)<\/span><\/a> depicted on the price chart has turned upward from oversold regions, suggesting potential renewed buying activity.<\/span><\/p>\n

The analyst has also pointed out the likelihood of an <\/span>XRP ETF endorsement<\/span><\/a> as a bullish catalyst. In addition, he noted <\/span>Ripple\u2019s triumph against the US SEC<\/span><\/a>, which concludes the lawsuit that has persisted for over four years.<\/span><\/p>\n

Significantly, a close and sustained trading above the $2.30 threshold could allow XRP to aim for higher resistance levels around $2.52 and $2.91. Once this occurs, the XRP price could even reclaim previous highs beyond $3.<\/span><\/p>\n

\"XRP\"
XRP trading at $2.37 on the 1D chart | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

Featured image from Getty Images, chart from Tradingview.com<\/p>\n<\/div>\n


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