{"id":378225,"date":"2025-03-05T03:13:29","date_gmt":"2025-03-04T21:43:29","guid":{"rendered":"https:\/\/dripp.zone\/news\/analyst-warns-xrp-price-could-drop-to-1-5-if-this-happens-crypto-news\/"},"modified":"2025-03-05T03:15:11","modified_gmt":"2025-03-04T21:45:11","slug":"analyst-warns-xrp-price-could-drop-to-1-5-if-this-happens-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/analyst-warns-xrp-price-could-drop-to-1-5-if-this-happens-crypto-news\/","title":{"rendered":"Analyst Warns XRP Price Could Drop To $1.5 If This Happens – Crypto News"},"content":{"rendered":"

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Crypto analyst CasiTrades has revealed that the XRP price is still at risk of dropping to as low as $1.5. She further mentioned what needs to happen for XRP to avoid dropping to this price target.<\/p>\n

XRP Price Could Drop To $1.5 If This Happens<\/h2>\n

In an X post<\/a>, CasiTrades revealed that the XRP price could drop to $1.5 if it fails to break and hold above the $2.42 price level. This came as she noted that XRP is attempting to reclaim the consolidation pattern it broke down from.<\/p>\n

The crypto analyst further remarked that XRP needs to break and hold the trendline at $2.42 as support to keep the bullish momentum alive. She added that it is very critical for this to happen or a retest of $2 or $1.54 could be in play.<\/p>\n

CasiTrades\u2019 analysis comes just as crypto analyst Egrag Crypto predicted<\/a> that the XRP price could reach $30 by May this year. The analyst alluded to historical trends to prove why the crypto could reach this price target.<\/p>\n

Analysis Of The Current Price Action<\/h2>\n

CasiTrades also gave an in-depth analysis of the current XRP price action. She noted that the crypto has seen a retracement of the move that followed Donald Trump\u2019s announcement that XRP will be included in the crypto strategic reserve<\/a>. However, the crypto analyst added that the overall market structure remained valid.<\/p>\n

CasiTrades also stated that XRP held above W1 territory and did not make a new low. She remarked that the bigger picture still supports a wave 4 correction playing out, targeting a new high.<\/p>\n

Meanwhile, the crypto analyst revealed that bullish divergences across timeframes are still intact and that the Relative Strength Index (RSI) is maintaining its uptrend from the $2 low. In line with this, CasiTrades stated that the next upside targets are $2.70 and $3.05. She noted that these are crucial levels before market participants can consider talking about new all-time highs (ATHs) for the XRP price.<\/p>\n

In the meantime, if XRP fails to hold above $2.42, CasiTrades stated that the crypto could see a test of $2.20, which is a key subwave support level. A deeper retracement could take XRP back towards $2 or $1.54 if sellers take control. However, the crypto analyst said that she is still favoring the bullish scenario until there is a clear invalidation.<\/p>\n

According to CasiTrades, the market is looking for buyer confirmation and this $2.42 level will decide if the XRP price moves higher from here of if there is need for more correction.<\/p>\n

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