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XRP on a Pause Before the Next Massive Move to the Upside, Predicts Crypto Analyst – But There’s a Catch

XRP on a Pause Before the Next Massive Move to the Upside, Predicts Crypto Analyst – But There’s a Catch

Daily HodlDaily Hodl2025/04/03 16:00
By:by Mark Emem

A cryptocurrency analyst and trader is leaning bullish on XRP ( XRP ) as the fourth-largest crypto asset by market cap hovers around 40% below the 2025 high of about $3.40.

The analyst pseudonymously known as Credible Crypto tells his 69,300 YouTube subscribers that XRP is currently in a consolidation phase.

“XRP has been one of the strongest crypto assets since November in terms of returns on investment (ROI), in terms of gains…

…XRP in my opinion is clearly a market leader here. And we are consolidating, we are correcting right now after hitting a high of $3.40. And I’ve said many times that in my opinion, this consolidation, this correction is simply a pause before the next massive leg to the upside.”

According to the pseudonymous analyst, XRP could, however, plummet further before a bullish reversal.

“I think that we’re going to see a move below these range lows at $1.80. We could go as low as the green area of demand here, which is between $1.30 to $1.60. How low we go into that, or how deep we go into that, whether we even test it at all is unknown. But the minimum target is the range lows [around $1.30] and then we should see a reversal back to the upside for the next leg to the upside.”

XRP on a Pause Before the Next Massive Move to the Upside, Predicts Crypto Analyst – But There’s a Catch image 0 Source: Credible Crypto/YouTube

The pseudonymous analyst further says,

“But the point here is that XRP is incredibly, incredibly strong. And yes, it is correcting. And in the immediate short term, I think it’s going to be a little bit weak as it moves down about 20% to the downside. So we are expecting some weakness on XRP, but only around 20% to 30% of weakness.”

XRP is trading at $2.02 at time of writing.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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