Analyst Predicts ‘Explosive’ XRP Price Move: Key Levels to Watch

XRP price has recorded a slight recovery today, with derivatives data also signaling that investors might be keeping close track of Ripple coin movements.

However, as the crypto continues to consolidate in the same range over the past few weeks, market participants eagerly await cues on what lies ahead for the asset.

Amid this, renowned experts have highlighted the key levels to watch for the Ripple price. Besides, one market pundit even said that XRP might be gearing up for an “explosive” move, which has caught the eyes of traders.

So, here we explore the recent movements and see where the crypto might be headed in the coming days.

XRP Price Stays Near Flatline as Broader Market Struggles

XRP price has witnessed a slight recovery today, but stayed near the flatline at $2.16. However, the trading volume of the asset plunged more than 1,6% from yesterday to $2.6 billion.

However, it’s worth noting that the crypto has hovered between the $2.12 and $2.18 range in the last 24 hours. It indicates that the traders have supported the Ripple price to maintain its $2.1 support.

Looking at the derivatives data, CoinGlass showed that XRP Futures Open Interest rose around 0.5% while Options Open Interest rose 11%.

Besides, the asset’s RSI stayed at 45, indicating a potential surge ahead, especially amid the soaring Ripple market catalysts.

Meanwhile, XRP price has defied market trends, as the broader crypto market stayed in the red today. It comes as the US Federal Reserve kept its policy rates unchanged at the latest FOMC.

However, the central bank said that two rate cuts are still on their cards this year. But what spooked the investors is the latest hint from the central bank that they might be dropping one rate reduction plan for both 2026 and 2027.

So, where XRP price heading next? Let’s see what the analysts are suggesting.

What Lies Ahead for Ripple Price? Analysts Share Insights

Crypto analyst EGRAG CRYPTO has made a bold prediction about XRP price’s future movement, suggesting that the crypto is gearing up for an “explosive” move.

According to EGRAG CRYPTO’s recent X post, XRP’s current consolidation phase bears a striking resemblance to its 2017 pattern. Back then, it took just six candles for the final leg of the price movement to launch.

The analyst noted that Ripple has consolidated over seven candles currently, leaving room for one more candle to complete an eight-candle pattern.

After this, the analyst predicts a “KABOOM Phase,” warning that the price movement will be explosive, regardless of direction.

The price chart reveals two potential scenarios: a bullish rally to $27 or a bearish crash to around $0.6. While the analyst hasn’t specified which direction the Ripple price will take, the prediction has sparked interest among crypto enthusiasts.

Meanwhile, explaining the short-term target, analyst Dark Defender set the XRP price target at $2.22, with a brief support of $2.07.

However, the expert also said that if the $2.22 target is breached, it could target the $3.61 mark next.