The crypto market is full of fluctuations, but expectations for XRP are large. Famous analyst Ekrag Crypto claimed that XRP could reach $ 30 by May 2025. So, is such a rally possible, or will XRP fall into a decline?
Why has the XRP price dropped?
As we analyzed as Kriptokoin.com, the XRP lost 12 %in the last 24 hours and fell to $ 2.35. The transaction volume decreased to 12.6 billion dollars with a decrease of 42 %. The crypto currency recently approached the $ 3 level, but rapidly fell to $ 2.23.
The reason for this decline is the uncertainty created by new tariffs of Trump administration in the markets. The global crypto market has shrunk about 8 %and many major Altcoin depreciated. Investors are moving away from risky assets due to economic uncertainty.
Can XRP reach $ 30?
Long -term analysis gives positive signals for Ripple. Analyst Ekrag Crypto said a channel similar to the bull run in 2017. At that time, the XRP increased by 2500 %from its low level.
According to this analysis, the price of the XRP can reach the Fibonacci 1.618 level and spread to the $ 27-33 band. In addition, Donald Trump’s plan to include XRP among strategic reserve assets increases investor confidence. Ripple whales have recently made great purchases, supporting this rise expectation.
What if the market crashes?
Some analysts foresee a large decline scenario for Ripple. Analyst Ali Martinez said that if XRP loses 2 dollars support, the price may decreased by 40 %and fall to $ 1.
The future of the XRP will depend on market dynamics. If buyers gain strength, the price may rise up to $ 30. However, if it goes down below $ 2, the possibility of rally may weaken. Therefore, investors need to carefully monitor XRP’s critical support levels. If the $ 2 level cannot be maintained, panic sales may accelerate and the price may experience deeper losses. On the other hand, the continuation of large investors and whales can help to increase the price again. Investors should closely follow these critical levels.
