XRP Stumbles—But Analysts Still See A Path To $70
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Analysts remain optimistic about the potential price increase of XRP, predicting the cryptocurrency will pass critical tests, which is still between $33 and $70 despite the recent setbacks faced.
Market observers’ confidence in their abilities XRP With its trading volume down, investors fell by 20%.
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XRP faces setbacks
Altcoin is currently facing some challenges to regain bullish momentum as its price and volume declines.
As of writing, XRP is Trading price is $2.33The decline in the past 24 hours was 0.1%, up from the $2.29 recorded on March 16.
On the bright side, XRP shows some resilience, and despite a recent increase of 9% over the past week, the current recent pressure still shows resilience.
Due to these numbers, many analysts have different views on price movements in XRP. But despite recent struggles, some market observers have maintained a positive view of the long-term long term of cryptocurrencies.
#xrp – Today’s price action analysis
Blue Channel provides clear instructions #xrpNext step.
I noticed that the balance has been established and rested on the lower edge of the blue channel, which is evident in the previous post below. … https://t.co/w3fatyeksa pic.twitter.com/ssnxbay2a5
– Egrag Crypto (@egragcrypto) March 15, 2025
Can XRP reach $70?
Egrag Crypto is one of the crypto analysts who are confident in XRP, who makes bold predictions about the possible surge. He said XRP is running for a cycle, which could lead to huge price levels in the future.
Egrag Crypto believes that XRP may fall into it from $33 to $70 in the next few months, which can take into account both its short-term volatility and long-term potential.
“I’ve been closely analyzing the intensity of wave 1 in various encrypted charts, and after reviewing multiple items, I noticed that a compelling pattern in #XRP could mark the potential loop top.”
The crypto analyst expressed confidence in the percentage formula he used to determine the direction of XRP price, adding that he identified two main goals: Stick 2 and Stick 3, which is in line with $33 and $70.
#xrp – The third post ($33 – $70) 🌊
I’ve been closely analyzing the intensity of wave 1 in various encrypted charts and after reviewing multiple items I noticed a compelling pattern #xrp This may mark the potential loop top. By applying the percentage formula, I am… pic.twitter.com/exok7cbtw1
– Egrag Crypto (@egragcrypto) March 16, 2025
“Loving the Wave 1 deep dive—XRP got that fire, right? Your cycle analysis is spot on—668% vibes from $0.50 to $3.84, then stacking it again feels spot on, doesn’t it? And those percentage formulas—$33 to $70—Stick 2 and Stick 3, spot on targets—50% and 80% discounts make total sense,” @terryki04112392 commented on Egrag’s post.
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Resistance level
Crypto experts explain that XRP is currently in the price channel, which will affect its direction, adding that the price of cryptocurrency is close to $2.83, a key level that can project strength.
Once XRP reaches that level, this could push the cryptocurrency toward $4.20 in the near term, but if the coin fails to bring solid grip above current levels, the support level may be tested below.
According to analysts, the previous day’s high was $2.40 and the weekly high of $2.97 are two key levels to focus on.
Featured images by Gemini Imagen, charts by TradingView
