Ripple News: Peter Brandt’s New XRP Price Prediction Points to 50% Decline—Can Bulls Reclaim $2.20, or is $1.07 Next?

Today, the crypto market has seen an overall drop in value, with the total market capitalisation decreasing 3.4%. Additionally, most coins are in the red today, with Bitcoin even falling to $81,362 before recovery. The XRP news is bearish too, as it started to drop when it couldn’t break through the $2.220 resistance. After the rejection, the XRP price crash was imminent as it fell below the $2,20 support. As such, it continued to go under major supports like the $2.120 level, stopping at the $2.080 level.

XRP Price Tanks 12.8% This Week — More Pain to Come?

The XRP token reached its bottom at $2,081 and is now trading at around $2.09. This current price shows a 4.0% 24-hour fall in value for XRP and a 12.8% weekly drop. This also presents a 38.0% decrease below the $3.40 all-time high of this token. Additionally, the current price is also bearish and is under the 23.6% Fib retracement level.

Now XRP will be facing resistance from its 100-hourly simple moving average at the $2.150 level. Based on the XRP price prediction, a bearish trendline has now been created on the $2.148 resistance. The 50% Fib retracement level created from the fall from $2.215  to $2.081 is also close to this trendline. Adding to these bearish signals, a renowned trader and market analyst has also given a bearish prediction. 

XRP Headed for a Crash? 50% Price Plunge Incoming

Peter Brandt, an industry veteran and expert, has now projected an XRP price crash. He also continued his prediction by alluding that now XRP only has speculative value. He supported his argument by bringing up some examples like Beanie Babies and Pet Rocks, which don’t have real value. These toys became speculative collectables between the 70s and 90s. Back then, many collected them in hopes of one day selling their collection with a profit. However, as time went on, they lost all of their value, making their rise in popularity only based on hype. 

Char 1 – Provided by Peter Brandt, published on X, March 31, 2025.

Based on Chart 1, Bandt’s XRP price prediction shows a 50% drop in value for the token. As highlighted in Chart 1, Brandt mentioned that a  “classic complex” head and shoulders is visible in the XRP price movement. This usually means a reversal in price trend from bullish to bearish or the other way around. However, based on this analyst’s projection, XRP’s value can experience a sharp change in price in either direction. Bandt stated, “This could become bullish if 3.0 is exceeded, otherwise the implications is a decline to 1.07.” 

Brandt’s XRP Backtrack: Was the $500B Call Just Hype?

Another noteworthy point is the extreme change in Brandt’s current XRP price prediction compared to his previous projection. He gave a very bullish prediction in December 2024, when he highlighted a symmetrical triangle pattern breakout for the XRP token. He called this price movement the most powerful and projected XRP with a $500 billion market cap in January. However, if we look at Brandt’s overall career, he is not a fan of XRP. This disinterest in XRP can also be seen in his tone in this prediction.

Over 1 Billion XRP Dumped — What’s Next for Ripple?

Another crypto analyst named Ali Martinez also reaffirmed a bearish future trend, as he shared XRP news. Based on his findings, in the last 48 hours, whales have dumped more than 1 billion XRP tokens. With all that said, bulls stile have the chance to prevent a further drop in XRP’s value. If the bulls successfully push XRP above $2.20, a price increase to $2.250 is expected. However, if the $2.080 support is broken, further price declines can also be expected.