XRP Price Prediction: CoinsKid Predicts $4 Rally, New ATH Is In Sight

Crypto analyst CoinsKid has predicted that the XRP price could soon rally to $4, which represents a new all-time high (ATH) for the altcoin.

Crypto analyst CoinsKid has predicted that the XRP price could soon rally to $4, which represents a new all-time high (ATH) for the altcoin. However, he also warned that XRP bulls must hold the line to avoid a potential drop to as low as $1.64.

Analyst Predicts XRP Price Could Rebound To $4

In an X post, CoinsKid predicted that the XRP price could rebound to as high as $4 if the altcoin takes out the local January 2025 high, when it rallied to its current ATH at around $3.4. He added that XRP may go beyond this $4 target on the bull run in the crypto market. In the meantime, the analyst warned that XRP bulls must maintain their strength to avoid a significant correction.

“If 20 WMA breaks down then we can see a deeper correction with minimal target $1.64. 5th wave is missing in lower degree.”

However, failure to hold the 20 Weighted Moving Average could spark a deeper correction for the altcoin, sending the altcoin to a minimal target of $1.64.

The analyst went further to discuss XRP’s current price action. He noted that the altcoin is missing a 5th wave from the July 2024 bottom.

The analyst further opined that the XRP price has been in a wave 4 irregular expanded flat ABC correction since December 2024. He revealed that XRP is currently holding the 20 Weighted Moving Average, which is a sign of strength from the bulls. But they must continue to maintain this strength to avoid a drop to as low as $1.64.

Meanwhile, he mentioned that the RSI and the retail top were the key data points that pointed to an XRP price correction back in December. As to what could spark this price rebound to $4, CoinsKid alluded to the global money supply, which shows that liquidity is entering the market soon after leaving in December.

$5 Is Also In Sight For The Asset

Crypto analyst Dark Defender has also predicted that the XRP price could rally to as high as $5.85, although it would face significant resistance at $3.39, around its current all-time high. The analyst also highlighted $2.30 and $2.22 as the support levels that XRP needs to hold above as it eyes a rally to this $5 target.

“Primary correction done on weekly, daily, 4H. Minor ups and downs will continue but structure is ready for a nice reversal. 1,2,3,4 completed and 5th wave started. 1-5 = $2.22 – $5.85.”

Meanwhile, the analyst also revealed that the primary correction for the price on the weekly, daily, and 4-hour structure is over. He noted that there will be more minor ups and downs. However, Dark Defender suggested XRP was well primed for a bullish reversal. He added that the altcoin has started wave 1 with the aim of rallying to this $5 target.

The above is the detailed content of XRP Price Prediction: CoinsKid Predicts $4 Rally, New ATH Is In Sight. For more information, please follow other related articles on the PHP Chinese website!