XRP News Today: Crypto Bitlord Predicts XRP Rebound After 14.6% Drop Triggers Market Speculation

Generated by AI AgentCoin World
Thursday, Jul 24, 2025 7:13 pm ET1min read
Aime RobotAime Summary

- Crypto Bitlord, a 13-year crypto veteran, accurately predicted XRP and Bitcoin's July 23, 2025, sharp declines before forecasting a potential market rebound.

- XRP's $3.21 recovery and "cup and handle" technical pattern suggest possible $7+ gains, with institutional accumulation reinforcing bullish sentiment.

- Analysts highlight $3.65 as XRP's critical breakout level, though volatility and macroeconomic factors remain key risks to the optimistic outlook.

The recent volatility in the cryptocurrency market has once again spotlighted the insights of Crypto Bitlord, a veteran investor active since 2011, who accurately predicted a sharp downturn in

and earlier this month. On July 23, 2025, XRP plummeted from above $3.5 to a low of $2.99, while Bitcoin dropped from over $120,000 to below $118,000. Crypto Bitlord had issued a warning the day prior, catching many off guard given the prevailing bullish momentum around XRP following its record highs [1].

Now, the same analyst has shifted his stance, forecasting a potential "big pump in crypto" on July 24, 2025. While he did not specify individual assets, attention has quickly turned to XRP as a prime candidate. This reversal has sparked speculation, particularly as the analyst previously highlighted a rapid surge to $12 for XRP. Other observers have also emphasized the $3.65 level—XRP’s all-time high—as a critical breakout zone, with some suggesting a sustained rally could push the asset into double-digit territory [2].

Technical indicators are aligning with the optimistic outlook. XRP is currently trading at $3.21, showing signs of recovery after failing to reclaim its previous day’s highs. Analysts have pointed to a "cup and handle" pattern on XRP’s chart, which, if validated, could target $7 despite ongoing market turbulence. Long-term holders are also accumulating during the dip, signaling continued institutional confidence. Meanwhile, Bitcoin appears to have found short-term support, and altcoins are showing early signs of strength, creating a favorable backdrop for a potential rally [3].

Crypto Bitlord’s credibility stems from his 13-year track record in the market, with his recent accurate prediction adding weight to his latest forecast. However, market observers caution that while technical patterns and analyst sentiment are encouraging, execution remains uncertain. A decisive move above $3.5 in XRP would be crucial to confirm bullish expectations, though volatility remains a persistent risk.

The broader market’s response to such predictions will hinge on liquidity conditions and macroeconomic factors. For now, the focus on XRP reflects its strategic role in altcoin cycles, with bulls closely monitoring key support levels and accumulation activity.

Source: [1] [Analyst Who Called Recent XRP Dump Just Dropped Another Prediction](https://coinmarketcap.com/community/articles/6882bc15960a504cf76a40f6/) [2] [Analyst Who Called Recent XRP Dump Just Dropped Another Prediction](https://coinmarketcap.com/community/articles/6882bc15960a504cf76a40f6/) [3] [Analyst Who Called Recent XRP Dump Just Dropped Another Prediction](https://coinmarketcap.com/community/articles/6882bc15960a504cf76a40f6/)