- XRP could drop as much as 24%, bringing the price to $2.08, based on past trends.
- A 13% drop would place XRP around $2.37, potentially triggering a major liquidation event.
- The average drop of 18.5% suggests a price of $2.21, raising risks for long-position traders.
EGRAG CRYPTO’s recent trading analysis of XRP’s potential price movements, particularly as the cryptocurrency nears critical support levels. Following patterns observed in April and June 2025, XRP has shown a tendency to dip during moments of market volatility. In April 2025, the asset dropped by 24%, while in June, it saw a 13% decline. These drops are now informing predictions about possible future price corrections.
Possible Price Levels for XRP’s Future Movement
Based on the historical price action, three key potential price levels for XRP are being considered. A 24% drop would place XRP at approximately $2.08, a price level that could cause significant concern for many traders who have recently entered the market. This level would be particularly concerning for those who purchased XRP closer to $3, potentially triggering panic sell-offs.
In addition to the 24% drop scenario, a 13% drop brings XRP to $2.37. This level could cause a substantial liquidation event, as leveraged traders might be forced to sell their positions to avoid further losses.Â
An 18.5% average drop is also a point of focus, suggesting a price of around $2.21. Should XRP reach this level, further selling pressure could follow, especially among long-position traders who may hesitate to add to their positions.
XRP’s Market Conditions and Long-Term Outlook
The current state of the XRP market presents risks for many traders. Those holding long positions might be uncertain about how the price will behave in the coming months. The potential for drops based on past trends highlights the volatility of cryptocurrency investments.
However, these market conditions are not necessarily an indicator that XRP’s broader bullish trend is over. If the price falls below $1.90 on the 3-day timeframe, experts suggest it may be time for traders to exit the market.
At press time, XRP is trading at $2.78, with a 2.02% increase in the last 24 hours. The price movement has been fluctuating slightly, but the overall trend seems to be upward.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
