XRP Price Prediction For April: Analyst Explains What To Expect
03 Aprile 2025 - 7:00AM
NEWSBTC
In a newly released chart, crypto analyst Egrag (@egragcrypto)
reveals a XRP price prediction for April. While emphasizing that
current market sentiment remains in what he calls a “boredom
phase,” Egrag’s technical breakdown highlights several critical
levels that may define the token’s trajectory this month. XRP Price
Prediction For April Egrag’s chart, constructed on a monthly time
frame (XRP/USDT), underscores an anticipated April candle that
could see a substantial price swing. The visual forecast places XRP
in a position where both upper and lower bounds may be
“wick-tested” before the month concludes. According to the analyst,
a potential downside wick may pull the price back into the
$1.90–$1.79 region. Egrag describes this process as a short-lived
“wick,” indicating that if XRP tests these lows, it may not spend
significant time there. Related Reading: XRP Bull Cycle Could End
If This Happens: Analyst On the other end of the spectrum, the
chart suggests that a spike toward $2.80–$3.00 is also possible
during April. Similar to the low-range testing, any move within
this zone would likely form a wick, marking a brief probe of higher
price territory. “We will also test the upper range at $2.80-$3.00,
which will also be a wicking process,” the analyst states. One of
the most striking points on the chart is a potential 62–70% rally
measured from the lowest point of the downside wick (around the
$1.79–$1.90 area). The analyst highlights that this upside, if
materialized, could be swift once certain technical thresholds are
broken. “We could see an upside of 62-70% from the lowest point of
the downside wick,” Egrag writes. Several price notations on the
chart (such as $2.00, $2.05, $2.17, and $2.44) hint that XRP may
oscillate around the $2 handle. Egrag’s mentions the possibility of
a final stop near $2 before a more explosive move: “After
revisiting the $2 region one last time, we could see a significant
blastoff in this cycle!” Related Reading: XRP MVRV Ratio Dips Below
The 200-Day MA – Trend Shift Underway? Egrag also reiterates a
theme he has mentioned in previous analyses: many market
participants grew frustrated after the post-SEC-case price action
failed to meet their expectations of an instant surge. The analyst
attributes the current range-bound conditions to a “boredom phase”
driven by waning interest and mental fatigue among traders. He
warns that only “the mentally strong” will endure this period of
minimal excitement and sideways trading. For those who remain
confident in the broader utility of XRP, Egrag suggests that
accumulating during these doldrums might be more beneficial than
attempting to time every short-term fluctuation. “Do nothing except
buy if you can, and sit on your ass. Do you really think XRP will
change the world and they will give it to you on a golden plate?
[…] We are now in a phase where only the mentally strong will
survive,” the analyst concludes. At press time, XRP traded at
$2.1465. Featured image created with DALL.E, chart from
TradingView.com
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