Introduction
XRP stands at a pivotal technical crossroads that could determine its trajectory for the coming months. After months of downside pressure, the cryptocurrency is stabilizing within a key demand zone, with analysts highlighting the Ichimoku Base as the critical level that must be reclaimed to signal a sustained bullish recovery and potentially unlock significant upside targets.
Key Points
- XRP must reclaim the Ichimoku Base to shift from bearish to bullish momentum, according to analyst Xaif Crypto.
- A weekly close above the Ichimoku Base could see XRP target resistance levels up to $2.45, while a break below may accelerate selling pressure.
- Analyst Crypto GVR predicts a potential dip to $1.13 followed by a 187% surge to $3.25, highlighting a possible major reversal scenario.
The Ichimoku Base: XRP's Make-or-Break Level
According to a detailed weekly update from market analyst Xaif Crypto, XRP’s price action has retreated from a late-2024 peak back into a clearly defined demand zone, marked as a blue box on his chart. This area represents a historical consolidation zone where prior trading activity built a base that could now act as support. The analyst notes that XRP appears to be stabilizing here, with chart candles showing hesitation and reduced selling pressure, indicating a potential pause in the downtrend.
The focal point of this analysis is the Ichimoku Base, a component of the Ichimoku Kinko Hyo technical indicator. Xaif Crypto asserts that this base will determine XRP’s next significant move. He suggests that a strong weekly close above this level could flip market sentiment, weaken the ongoing downtrend, and give buyers the confidence to target higher resistance levels. Conversely, a decisive break below the Ichimoku Base would likely lead to a deeper correction as support fails and selling pressure accelerates.
Potential Price Targets and the Path to Recovery
With XRP currently hovering around $1.95, Xaif Crypto’s chart outlines a clear roadmap for a potential recovery. Should the cryptocurrency successfully reclaim and hold above the Ichimoku Base, the analyst has identified a series of bullish targets. The immediate resistance levels are set at $2.09, $2.20, $2.31, and $2.45. This structured progression suggests a measured recovery path, contingent on sustained buying pressure and a confirmed shift in momentum.
The emphasis on the weekly close is crucial. Xaif Crypto highlights that traders and investors should watch for a confirmed, sustained close above the Ichimoku Base as the primary signal for a legitimate recovery attempt. This technical confirmation would provide the necessary validation that the demand zone is holding and that the prior downtrend, characterized by lower highs, is being invalidated.
A More Aggressive Reversal Scenario
Adding another layer to the analysis, market expert Crypto GVR presents an even more optimistic, though volatile, outlook for XRP. Despite the cryptocurrency dropping below $2 earlier in the week, this analyst suggests XRP could be planning a major price reversal from the $1-$1.5 range. His chart analysis predicts a potential scenario where XRP first declines from its current price near $1.95 to approximately $1.13.
This deeper dip would then set the stage for a sharp rebound to new highs. Crypto GVR has set a bullish target at $3.25 for this reversal move. Mathematically, a decline to $1.13 followed by a surge to $3.25 would represent a staggering 187% increase in value from the low. This analysis indicates that some experts see significant underlying strength and a potential for explosive growth, even if it is preceded by a final washout move to lower support levels.
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