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Home»Analysis»The XRP price could undergo an April flash accident, the analyst shows how much he could go low
Analysis

The XRP price could undergo an April flash accident, the analyst shows how much he could go low

March 24, 2025No Comments3 Mins Read
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The XRP price has consolidated During an extended period after its previous rally. However, an crypto analyst warns that cryptocurrency could face a Flash crash In April, potentially lead to its price to new stockings. Despite this, the analyst provided that the slowdown could be short -lived, predicting a rebound shortly after.

Metashackle, a crypto analyst on tradingView, shared a graph with a Elliott waves analysis XRP price movements. The analyst has also used technical levels such as fair -value differences (FVG), liquidity zones and trend lines to determine XRP’s next price action.

XRP Price Faux Breakout Before Crash Flash

According to Metashackle analysisXRP can go to a false escape In the coming weeks, followed by a sudden flash accident which could liquidate suspended traders. Although this deep correction can shake the weak hands, the analyst also describes a path for a massive rally later in the second quarter (Q2) of 2025, potentially pushing the XRP to a New top of all time.

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The XRP price table follows an advanced model at 6 waves, with a potential 7th wave break. XRP is currently in wave 4 of a larger cycle. While waves 1 to 3 represented a strong ascending movement, wave 4 sparked a Major correction for the XRP price. If wave 4 is over, the price of cryptocurrency could push higher in wave 5, reaching $ 2.80 to $ 3.00, where an FVG is waiting. This decision would create a false escape, by deleting liquidity above recent summits.

Xrp
Source: Metashackle on tradingView

After the expected false escape, XRP should experience a flash crash in wave 6 by April 2025. This flash crash will probably last above the lower white trend line after having broken the higher trend line and targeted the green target zone between $ 1.6 and $ 1.4 highlighted by the graph.

The flash accident in April is a theoretical decision in which the XRP price is strongly recovered before a real escape. This escape should start in wave 7, potentially leading to a price discovery For XRP and reach a probable goal of $ 3.00 before soaring to new peaks greater than $ 3.6.

In particular, the analyst provides that wave 7 will begin in May 2025. The break should eliminate the summits of all time for Altcoin, exceeding his Price record of $ 3.84 in 2018.

Price analysis update

The XRP price is now negotiated to $ 2.44 after increased by 4.56% last week. Despite a Net price accident Since its $ 3.00 summit earlier this year, cryptocurrency remains resilient and analysts are looking closely at its next movement.

Related reading

In particular, analysts continue to take an optimistic position on the XRP price prospectsPredict a potential short -term escape. A market expert X (formerly Twitter), identified as “Steph is crypto”, ” forecast That the assets could increase to $ 3.4 soon, marking a jump of 39.34% of its market price.

Xrp
XRP Exchange at $ 2.4 on the 1D graph | Source: xrpusdt on tradingView.com

Adobe Stock star image, tradingView.com graphic



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