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

XRP on a Pause Before the Next Massive Move to the Upside, Predicts Crypto Analyst – But Theres a Catch WikiBit 2025-04-04 18:32

A cryptocurrency analyst and trader is leaning bullish on XRP (XRP) as the fourth-largest crypto ass

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 Ive 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 were 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.”

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 its 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.

Generated Image: Midjourney

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