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TimesTabloid 2025-04-02 10:52:44

Expert Predicts 70% XRP Price Surge in April

April is poised to be a defining month for XRP as the market braces for notable tests at both ends of the trading range. According to crypto analyst EGRAG Crypto , XRP’s price action this month is expected to follow a pattern that includes a revisit to key support levels, a test of higher resistance zones, and the potential for a major breakout. #XRP – April Candle Formation Forecast April is shaping up to be a dynamic month where we’ll see tests at both ends of the range. Here's what to expect: 1⃣ Lows Testing: #XRP will likely revisit the lows around $1.90-$1.79—this will be a wicking process. 2⃣ Highs Testing:… pic.twitter.com/6RqfsLX5OS — EGRAG CRYPTO (@egragcrypto) April 2, 2025 Testing the Lows: A Necessary Step for Market Stability EGRAG Crypto predicts that XRP will likely revisit the lower price range between $1.90 and $1.79. This will occur as part of a wicking process, a common phenomenon where prices momentarily dip to test liquidity before rebounding. This stage is crucial in determining the strength of the support levels, as it allows for the absorption of sell-side pressure before a reversal can occur. Highs on the Horizon: A Test of Upper Resistance While the downside tests may cause short-term uncertainty, the upper range of $2.80 to $3.00 is also expected to be challenged. EGRAG Crypto notes that this phase will similarly involve wicking, with price spikes testing resistance levels before a potential breakout. This scenario aligns with previous XRP price patterns, where significant moves often follow a period of consolidation and range-bound trading. Potential for a Substantial Upside Move Market dynamics indicate that if XRP successfully navigates this volatility, it could experience an upside movement of 62-70% from the lowest point of the downward wick. Such a move would solidify XRP’s position in the current market cycle and set the stage for more aggressive price action in the months to come. This potential rally underscores the importance of closely monitoring XRP’s price behavior in April, as it could offer lucrative opportunities for traders and long-term holders alike. The Boredom Phase: Calm Before the Storm EGRAG Crypto refers to the current state of the market as the “boredom phase,” where XRP’s price action may appear stagnant before making a decisive move. Historically, such phases precede significant price breakouts, as market participants accumulate positions in anticipation of an impending surge. This aligns with the behavior seen in previous XRP bull runs, where periods of sideways trading were followed by sharp upward movements. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The Breakout That Could Reshape the Market As XRP re-enters the $2 region one last time, EGRAG Crypto believes it could be the final step before a major breakout. If historical trends hold, this phase could trigger the next leg of XRP’s bullish cycle, catching many market participants off guard. The concept of “boredom followed by surprise” encapsulates the unpredictable nature of XRP’s price action, emphasizing the need for patience and strategic positioning. Preparing for a Pivotal Month April is shaping up to be a month of high volatility, crucial tests, and potentially game-changing movements for XRP. With a forecast that includes both downside and upside wicking, traders should prepare for rapid price fluctuations. As always, market conditions can shift based on macroeconomic factors and investor sentiment, but EGRAG Crypto’s analysis provides a compelling roadmap for what to expect in the coming weeks. Whether it’s consolidation, a breakout, or a period of heightened trading activity, one thing is clear—XRP is gearing up for an exciting ride. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Predicts 70% XRP Price Surge in April appeared first on Times Tabloid .

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