XRP, the sixth-largest cryptocurrency, is at a critical inflection point. After a 4.27% dip in the past 24 hours, traders and investors are closely watching its next move.
Technical Outlook: Symmetric Triangle
On the 4-hour chart, XRP is consolidating within a symmetric triangle, a classic pattern that precedes high volatility and a decisive price swing. The support trend line remains at a crucial level. If XRP successfully retests this zone, a bullish breakout could propel it toward $2.48 and beyond. However, if support fails, the price could plummet to $2.23 or even $2.00, triggering a deeper correction.
3-Day Price Prediction
Day 1 (27th of March, 2025): A mild correction could see XRP dip to $2.32, testing support. Day 2 (28th of March, 2025): If buyers defend this level, a rebound toward $2.42 is likely, signaling renewed strength. Day 3 (29th March, 2025): A successful breakout could send XRP soaring to $2.55, solidifying a bullish trend.
Critical Support & Resistance Levels
Support Zones: $2.32 – Immediate support, is crucial for maintaining short-term stability. $2.23 – Primary support level; a break below could lead to further downside. $2.00 – Key psychological level, marking a deeper bearish scenario. Resistance Zones: $2.42 – First breakout hurdle; clearing this strengthens bullish momentum. $2.48 – Major breakout trigger, confirming an uptrend. $2.55 – Key bullish target; surpassing this could lead to a sustained rally.
XRP stands at a make-or-break moment. A strong defense of support could ignite a rally, leading to a breakout past resistance levels. However, if sellers take control, XRP risks a deeper decline. With volatility intensifying, traders should stay alert—XRP’s next move could shape its trajectory for weeks to come.
