XRP Price Drop Raises Red Flags as Experts Warn of Potential Ripple Crash to $1.20

The crypto market remains volatile as we saw a small rally yesterday on April 10. This surge followed a period of downtrend, which was also full of price fluctuations. Such uncertainty in market trends and movements has been mostly attributed to Donald Trump trade policies. He has chosen an on-and-off approach with the tariffs, leading to consecutive pump-and-dumps. As such, the investor confidence seems to be at a low now, and the market struggles to create a bullish trend. This can also be seen in the XRP price prediction as it is hovering at $2 for a day now. 

Will XRP Bounce Back or Continue Its Downward Trend?

The Ripple price increase on April 10 failed to establish a bullish momentum, as XRP is now in a slump. As of now, the daily XRP price drop has been recorded as 0.46% and the token stands at $2.00. We can also see a weekly 3.18% value decrease and an 8.09% monthly price degradation. As of writing this, the XRP price is 47.9% under its all-time high of $3.84. This ATH was reached on January 4 2018. Additionally, the XRP price prediction shows that unless this token starts a new bullish movement, it could fall sharply.

Ripple Breaks the $2.04 Resistance Before a Major Crash?

The XRP market currently shows signs of indecision and a lack of interest among investors as the price remains stable. This has been clear as the Ripple price has bounced between $1.9 and $2 levels a few times now. Additionally, the 24-hour trading volume for this token has also decreased by 51% and has fallen to $4.21 billion.

Chart 1 – Provided by Alicharts, published on TradingView, April 11 2025

Based on Chart 1 and the XRP price prediction provided by Ali Martinez, this coin might be crashing soon. According to this analysis, the token needs to break through the $2.04 soon, if not, it might crash to $1.2. This is mainly caused by the formation of the head and shoulders, which signals a breakdown. However, before seeing a 40% XRP price drop, the token still has the $1.8 support to rally on. However, there are also other analysts who believe a decisive rally above the $2 could moonshot XRP.

Can XRP Really Hit $30? EGRAG Crypto Thinks So

Crypto analyst EGRAG Crypto has also presented an XRP price projection. This bullish prediction marks the $20 to $30 price point as possible goals for XRP. However, this analysis and prediction are based on a multi-year time frame, making it more likely to become reality. The crypto analyst commented and briefly explained the basis for the projection. “I’m looking at the last pump from the 2017 cycle, which was an incredible 2,600%! Starting from $1.20, if we see a retracement back to the edge of the triangle, then $30 is definitely within reach!”

Such a bullish overview is also supported by the recent developments for the XRP token. A recent report based on the on-chain data suggests that now 6.26 million wallets hold XRP. This has set a new record for XRP and could lead to increased investor confidence. Additionally, the launch of an XRP ETF in the US is also bullish, as new investments will be flowing to the XRP network.

Can Trade War Developments Trigger a Bullish Crypto Rally?

With all that said, the broad crypto market trend usually dominates internal price trends. As such, investors should pay close attention to such developments, while also considering internal variables. For example, any progress towards calming the trade war could be a bullish signal for the market. As per internal variables, updates, integration, partnerships, and listings could spark a rally for XRP.