XRP Struggles Below $2.2 as Outflows Top $300M — Analysts Warn of $1.40 Dip Ahead

The XRP price has been grappling with strong selling pressure this month. The XRP outflows have already crossed $300 million in the first thirteen days of April. Although a brief surge was observed this weekend, investors seem to have seized the upsurge to exit at somewhat higher levels. This behavior has reinforced the bearish outlook. With XRP struggling to maintain its gains, this trend has raised concerns about an XRP bear market forming. 

Outflows in April Signal XRP Bear Market 

CoinGlass data reveals that XRP outflows has recorded negative net flows for nine of the first 13 days of April. The outflows now stand at $311 million compared to the meager $56.08 million in inflows. Even on positive days, the trading volumes have been low. This has led to the heavy selling pressure taking charge of the XRP price movement. The consistent outflows highlight the dominance of the bears in the market. It also explains why XRP has struggled to maintain any upward momentum.

While April’s outflows are substantial, they represent a slowdown compared to previous months. January and March saw daily outflows as high as $150 million, whereas April’s peak was $90 million on April 6. However, analysts warn that if this negative trend persists, XRP’s price could face further deterioration.

Analysts Predict Another Dip Before Recovery

Crypto analyst Egrag Crypto has suggested that XRP may see another dip before stabilizing. He forecasts a potential drop to $1.40 but remains optimistic about long-term prospects, maintaining ambitious price targets of $7.50, $13, and $27. “Certain events will unfold, but I stay updated on the news to see what narratives are created to influence market movements,” Egrag explained.

#XRP – The XRP Kangaroo is Clucking!🦘

Trust me, we're likely facing one more dip. If #XRP doesn't close above $2.30-$2.50 on the 5-day time frame, a potential retest of $1.85 is still on the table. Targets remain the same—nothing has changed:
1⃣ $7.50
2⃣ $13
3⃣ $27

There's… pic.twitter.com/0RTHqSKXec

— EGRAG CRYPTO (@egragcrypto) April 13, 2025

Despite the XRP bear market scares, the bulls remain hopeful about XRP’s future. However, broader economic factors like the tariffs and currency devaluations are changing the market landscape. Crypto, especially, is affected by these international tensions. Therefore, investors are watching the XRP price performance closely to predict whether XRP can stage a recovery or not. 

XRP Price Analysis: XRP Dips Slightly, Holds Close to $2.1

XRP commenced trading yesterday at $2.153, showcasing horizontal range-bound behavior. However, with an early death cross, a slight downtrend followed as XRP made its way to establish support at $2.127 by 5:15 UTC. From here, XRP staged a slow climb at first, reaching $2.1378 at 8:15 UTC. At the same time, a wide golden cross formed on the MACD indicator, as XRP staged a steep upward climb, facing rejection at $2.231 at 10:00 UTC. A brief correction followed, after which XRP tested the resistance again, but failed to break across. 

Chart 1: published on TradingView, April 14, 2025

The RSI indicated heavily overbought conditions at this point as a strong trend reversal ensued, taking the XRP price back to the support level in the next 5 hours. At 15:30, the XRP price started on another uptrend, but this time faced rejection at $2.183, prompting another downtrend. XRP eventually established support at $2.085. With oversold conditions prevailing at that point, XRP ascended again, but failed to get close to the resistance. As of the time of publishing, XRP had faced a downtrend and was seen stabilizing around $2.136.

XRP Price Prediction: Will XRP Make it to $2.2?

XRP has been chasing the ever-elusive $2.2 mark since the Black Monday crash. Although it has been able to find that level on occasion, it has not been able to hold on to the gains. As of now, XRP looks poised to fluctuate a little more around the $2.13 mark. The RSI has also been tipping towards the overbought region with the uptrend, so a reversal may be inbound.