Ripple Analysts Highlight $1.88 and $2.40 as Critical Levels in XRP Price Pullback – What’s Next?

The XRP price pullback has taken center stage as analysts reaffirm their long-term bullish stance. After briefly dipping below $2, XRP is rebounding in what is described as a corrective move before a potential historic breakout. Analyst XForce highlighted the pullback as part of a larger bullish pattern, projecting a move to $10 in the coming months. According to his macro wave analysis, the altcoin is progressing through a Wave 2 correction, with Waves 3 through 5 expected to follow. This outlook has renewed optimism among investors across the broader crypto market.

Wave Structure Suggests Strong Upside Potential Ahead

XForce, in a recent X post and accompanying YouTube video, revealed that the current Ripple pullback fits a well-established WXY corrective structure, which started at the beginning of 2025. He suggests this correction phase is essential before an impulsive Wave 3 move. This next leg could propel XRP to $10 before a minor retracement in Wave 4. He further projected that Wave 5 could drive the XRP price as high as $40. According to the analyst, the XRP price support near $1.88 is crucial for sustaining this bullish thesis, while resistance awaits near $2.40.

Macro Chart Signals Wave 3 to $10 as XRP Resistance Level Tightens

XForce emphasized that the Ripple pullback is both expected and essential to complete the Wave 2 corrective phase. According to his analysis, the bottom is likely in, with XRP now entering Wave 3, the most impulsive and explosive stage in Elliott Wave theory. This move could push the Ripple price toward the $10 mark, supported by long-term technical structure. 

$XRP

We've been calling for this exact pullback for months.

We are inching that much closer to a historic breakout to $10+.

Progress may be gradual, but it's undeniable. https://t.co/QxWbJRPhMq pic.twitter.com/9lbnZjaTHz

— XForceGlobal (@XForceGlobal) April 24, 2025

Adding to the bullish sentiment, analyst Dark Defender pointed out that XRP is nearing an “extreme bull run.” He highlighted key Ripple resistance levels at $2.222 and $2.40, with major XRP price support at $1.8815. While the XRP pullback could stretch slightly lower, the broader cryptocurrency market is gearing up for potential volatility. Both analysts agree that technical indicators are signaling a strong bullish pivot, and if XRP holds above critical support, the rally toward double-digit territory could be imminent.

XRP Bulls Target Upside Amid Pullback Consolidation

As the XRP price pullback stabilizes, investor sentiment remains cautiously optimistic. The macro structure, as outlined by analysts, continues to align with a bullish narrative. The XRP pullback may see a final dip toward support, but key XRP price indicators point to a breakout ahead. With increasing attention on Ripple resistance levels and strengthening crypto market conditions, momentum is building. Analysts reiterate that XRP price support near $1.88 is critical. If that level holds, the XRP pullback could soon give way to a powerful rally. Chart watchers now anticipate Wave 3’s breakout confirmation.

What’s Next: XRP Price Pullback or Major Bull Run?

The XRP price pullback is nearing its final stage, according to analysts tracking macro patterns. Market participants are watching closely to see if the Ripple price can hold its support and trigger a rally. A deeper XRP pullback could still test $1.88, but upside targets remain firm at $2.40 and $10. The Ripple pullback is now seen as a healthy correction, not a reversal. With renewed strength in the cryptocurrency market, the XRP resistance level remains key. Can this Ripple pullback fuel the next bull run? The coming days may deliver the answer.