XRP Price Alert: Danger Zone Looms – Can Ripple Bulls Defend $2.02 Support?

The XRP price has experienced turbulence, declining after failing to hold momentum above the $2.20 resistance mark. Recent Ripple price movements and XRP news show that this digital currency remains vulnerable to more losses despite rebound attempts. Its current trading range stays below $2.120; considerable resistance near $2.150 implies that bulls require a stronger push to regain control.

Technical indicators reveal mixed signals. The Relative Strength Index has bounced from oversold territory, yet the broader Ichimoku Cloud pattern still presents a bearish outlook. Upward movement is further complicated because the 100-hourly Simple Moving Average also provides resistance. If XRP fails to surpass these key levels, it might trigger another drop towards $2.020 or potentially $1.88.

Historical Patterns Suggest Deeper Correction Possible

An examination of past XRP price action shows a worrying fractal has appeared, reflecting earlier downturns that led to steep corrections. Ripple saw sharp declines after massive rallies in 2018 and 2021, with Net Unrealized Profit/Loss data showing “denial” phases preceding eventual 75-90% sell-offs.

Chart 1 – XRP Live Price, published on TradingView, April 1, 2025.

According to Chart 1, the live price of XRP is 2.09 today as of April 1, 2025. In March, XRP’s Net Unrealized Profit/Loss data again entered the “denial” zone, indicating it might be headed for another extended correction. If historical trends repeat, a similar 60% downturn could occur for Ripple, placing potential downside targets near the 200-week EMA at approximately $0.87. Bearish divergence noted on the weekly RSI reinforces the need for caution among traders and investors.

Key Support Levels Hold as Bulls Attempt to Regain Momentum

Despite prevailing bearish sentiment, the bulls have successfully defended crucial support levels around $2.06 and $2.020. XRP price rebounded shortly after testing these areas, indicating some buyers are stepping in to prevent further losses. However, achieving sustainable recovery requires this cryptocurrency to first clear immediate resistance at $2.150 and then aim for higher targets like $2.22 and $2.47.

A bearish EMA structure persists, as short-term moving averages trend beneath long-term ones. A break above short-term EMAs could indicate a trend shift if bullish momentum builds. Ichimoku Cloud analysis still suggests overhead resistance; however, consolidation hints sellers might be losing some control. Market sentiment could turn bullish following a decisive move above the cloud.

Potential Upside and Long-Term Outlook

XRP maintains potential for upward movement if critical resistance levels are broken. Successfully pushing above $2.22 might open the door for a rally toward $2.47 and $2.59. The digital currency must signal a robust trend reversal by reclaiming the $2.88 mark for a stronger bullish confirmation.

However, if the Ripple price stays below $2.15, prolonged consolidation or another downward move might happen. In this scenario, traders should watch the $2.00 and $1.88 support zones for signs of stability. Volume and momentum indicators will determine whether XRP can shift out of its current bearish trend and establish a sustainable recovery.

A Decisive Moment for XRP

Ripple is at a critical point; its next movements will likely shape the medium-term outlook. Prices continue to be trapped below key resistance levels, with the dominant trend suggesting caution. If bulls fail to clear the $2.150 level, another drop toward $2.020 or lower could happen.

If XRP successfully breaks above its key resistance zones, a rally toward $2.47 and beyond remains possible. Investors need to monitor price movements closely, especially RSI and EMA, as they provide clues about whether Ripple is headed for recovery or further downside. XRP news in the coming weeks will be essential in shaping the cryptocurrency’s market trajectory.