XRP Price Crash: Black Monday Slams XRP to $1.81 — But Could Ripple Still Hit $40?

Over the weekend, the crypto market experienced a consolidation with prices remaining mostly the same. However, as we got closer to the start of the week, a crypto market crash started. In the last hours of Sunday, April 6, XRP price alone fell 10%. Today, April 7, we are seeing a black Monday, and markets opened today with most cryptocurrencies sustaining heavy losses. The total crypto market capitalization has seen an 8.6% dip, falling as far as $2,572 trillion. However, despite this market crash, some analysts have remained positive about the future of the crypto market.

XRP Price Crash Hits 14.3% Daily Loss

As of Monday, April 7, the value of XRP has seen a steep decline. Now, this coin is trading at $1.81, with daily XRP price crash reaching 14.3%. Additionally, XRP black monday also shows a 10.6% weekly value decrease for this token. The market capitalisation for the XRP token is also declining fast, as it has declined 15.08% in the last day. As of now, XRP has a $109 billion market cap. The 24-hour trading volume for XRP price surged by 206.08% and now is near $5.5 B, with most sellers.

Chart 1 – provided by CoinGecko, published on CoinGecko, April 7 2025

Based on Chart 1, XRP has also recorded a 24-hour range of $1.81 low to $2.13 high. XRP black Monday can be better put in perspective as we see a 44.5% decrease since its all-time high. The XRP ATH of $3.40 was reached on January 07, 2018. As with today price crash now hitting this ATH, it may seem like a far-fetched goal; however, there are still positive projections. So now, with the Trump tariffs in full force and his statements about not changing his policy, will XRP price recover?

$20 XRP? Bold New Forecast Can Spark Investor Hype

XForceGlobal, a South Korean financial analyst, has made a bold prediction for the XRP token price. Based on his opinion, XRP price surges to $20 or even $40 in value per token. His analysis, which has been made using technical indicators, predicts this massive surge will take place in the coming months. One of the bases for XForceGlobal’s analysis is, in his words, the resilience of the XRP price. This is because he points out that in recent market crashes like this black monday, XRP performed better than the competition. For example, other big altcoins like Ethereum have fallen between 45% and 65% from January’s peaks.

Wave Theory Sparks XRP Hype: Can XRP Really Hit $40?

Another essential base for this projection is the Elliott Wave theory, where it is believed that price movement follows select patterns. As such, the price will be repeating these patterns again, helping traders to predict future price movements. As such, this analyst believes that based on the five-wave cycle, XRP price surges to $40 in 2025 or 2026. Other crypto analysts, however, don’t believe such price targets are plausible and logical. A Hong Kongian analyst commented, “These figures defy near-term realism,” showing disbelief on the basis of this prediction. 

Big Hope: Will XRP Rise After Market Crash?

The Korean analyst XForceGlobal gave no exact date for the possible surge, however, showed strong confidence despite the XRP price crash. With the XRP token now under the market-wide selling pressure, we can be confident about the short-term downtrend. However, in the long term, will XRP price recover? In the long term, the answer to this question is most likely a yes, as per the previous crypto market crashes. Fundamentals do not support a surge to $40 in the short term.