XRP Faces Potential 90% Drop to $0.10 by Late 2025, Analysts Warn

Crypto analyst Joao, who accurately predicted the XRP price crash, has shared his insights on the altcoin’s future price movements. According to his latest analysis, XRP could face further declines, potentially dropping below $1. Joao's prediction suggests that a long-term distribution phase could be the most tumultuous scenario for XRP following its crash below $2. This phase could extend into late 2025, as illustrated in his accompanying chart, which shows a "radical distribution scheme."

Joao anticipates that XRP could initially show signs of weakness, falling below the COVID dump levels, possibly close to $0.10. Following this, XRP could follow one of two trajectories. In Scheme 1, the analyst predicts that XRP would drop to $0.1 and then rebound to $0.4, which is the last point of supply. Alternatively, if Scheme 2 plays out, Joao predicts that the XRP price could spike between $5 and $6.8, with an average peak around $5.5 to $5.7. This spike could trigger extreme euphoria, but Joao cautions that this is just one of the many possible outcomes. He emphasizes that XRP’s price action will be heavily influenced by factors such as Bitcoin, market makers, supply and demand, public interest, and the macro market.

Another analyst, John, has also warned that the XRP price retracement could deepen to mid-2024 levels, with the altcoin dropping to the Fib price level of $0.3827. John highlighted a bearish engulfing pattern that formed on XRP’s weekly chart in late March, which supports his belief that the altcoin could still drop to these lows. Additionally, crypto analyst Egrag Crypto stated that based on an ascending broadening wedge, there is a 70% chance of a downside breakout and a 30% chance of an upside move. He claimed that the measured move for the downside breakout for the XRP price is $0.65.

Crypto analyst CasiTrades revealed that $1.90 has become a major resistance level for the XRP price. She noted that the altcoin’s price fell to around $1.61 following the Black Monday crash on April 7. This low made new extremes on the RSI across the market and was just shy of major support. The XRP price has since rebounded to test the $1.90 level, which CasiTrades affirmed is a major resistance at this point. She remarked that the next support is $1.55, the golden .618 retracement. CasiTrades added that this price action sets up the kind of Wave 3 that breaks through all-time highs (ATHs).

In line with this, CasiTrades claimed that if the XRP price bottoms near $1.55, it would actually strengthen the bullish case for a rally to between $8 and $13 this month. She believes that XRP would easily break the resistance around its ATH on this Wave 3 and possibly send it to as high as $13. At the time of writing, the XRP price is trading at around $1.8, up over 10% in the last 24 hours.