• bitcoinBitcoin$91,530.44-1.86%
  • ethereumEthereum$3,142.83-1.54%
  • rippleXRP$2.06-4.33%
  • binancecoinBNB$895.64-1.61%
  • solanaSolana$137.92-3.75%

XRP Eyes $4.80 If Key Support Holds at $2.30

XRP Eyes $4.80 If Key Support Holds at $2.30

XRP could hit $4.80 if it holds key support at $2.30, with whale accumulation and ETF optimism driving momentum.

Since August, XRP has been trading from $2.90 to $3, struggling below its critical support. The altcoin experienced sell-offs and profit bookings after reaching an all-time peak of $3.65. Subsequently, it declined. Its price continues under pressure, as traders anticipate a significant decline due to market uncertainties. It is uncertain whether it will erase all of its annual gains or ascend to the top of the rankings; however, its subsequent trajectory remains uncertain.

XRP $4.80
Source: X / CasiTrades

Casitrades, a cryptocurrency analyst, shared a chart on X that indicated that XRP could reach the $4.80 level with significant support. The analyst asserts that the altcoin may decline to a low of $2.75, but it will continue to surpass the peak of wave one at approximately $2.65. At the $2.65 to $2.75 price point, the altcoin may reach its lowest point and conclude its corrective wave phase. Nevertheless, Ripple’s native token will likely move toward the $3.21 range once the correction phase concludes.

Key support could propel XRP to $4.80

XRP Eyes $4.80 If Key Support Holds at $2.30 - Protechbro: Top Stories on Bitcoin, Ethereum, Web3, & Blockchain

XRP has the potential to develop momentum if it reclaims the $3.20 range and enters a breakout phase, with the psychological level serving as the key support. The forecast stated that a strong breakthrough and an appropriate reclaim of $3.21 would confirm the completion of the correction and the onset of a new impulse.

The psychological $4.00 level continues to acquire relevance as a likely milestone on the way up, and our next target zone remains between $4.60–$4.80 if this scenario is realized. XRP has never surpassed the $4 threshold, despite hovering at numerous critical support levels. An altcoin’s attainment of $4 would constitute a significant historical milestone.

However, there is no assurance that XRP will be able to achieve this level of support due to the volatility of the markets. Before investing in an altcoin, it is recommended that one conduct a comprehensive investigation. Tariffs and trade conflicts are causing the broader markets to enter a state of turmoil, with the potential for a significant crash.

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