While XRP continues to trade within a broader consolidation range, top crypto analyst CrediBULL Crypto believes the asset still has room to dip before making its next move higher. His latest commentary comes in response to a post by fellow market watcher Crypto Cowboy, who asked whether XRP had reached the anticipated downside target between $1.95 and $2.02. CrediBULL’s answer was clear: “No, still looking for a bit lower,” signaling that he expects XRP to revisit levels beneath the $2.00 mark before establishing a bottom. This view suggests that despite the token’s resilience above $2.10, a more significant support test may still be ahead. Current Market Position As of report time, XRP is trading around $2.11, slightly down from its recent local high near $2.20. The asset has cooled off after a strong multi-month rally, which saw it surge more than 300% from its November 2024 lows. According to analysts tracking the price structure, XRP is currently trapped in a tightening range between $1.77 and $2.20, awaiting a breakout or breakdown. Sorry deleted last tweet- it was meant to be a reply to the tweet below "No still looking for a bit lower" on $XRP as my downside target on it hasn't been met yet. Downside targets HAVE been met on some other alts. https://t.co/uyAoxCRmI0 — CrediBULL Crypto (@CredibleCrypto) June 20, 2025 CrediBULL’s call for a bit more downside reflects a cautious short-term outlook, even as the long-term structure remains intact. He is closely watching the $1.77 to $1.80 zone, which he has repeatedly highlighted as a key support area. A retracement into this region could offer an attractive entry point for those waiting on the sidelines. Chart Structure and Price Targets CrediBULL previously identified a “point of breakdown” just below $2.00, which he believes is central to XRP’s next big move. A decisive reclaim of this level with strong momentum could ignite a new wave of upside, possibly taking XRP toward $2.75. However, if that reclaim doesn’t happen soon, XRP is more likely to retest the $1.77–$1.80 support zone before any significant upward movement. Despite calling for further downside, the analyst has maintained a bullish macro thesis. His broader outlook is shaped by higher time frame technicals, including a potential five-wave Elliott structure that remains in play as long as XRP holds key support. According to CrediBULL, dips into the lower range should be seen as healthy retracements rather than bearish reversals. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Sentiment and Strategy CrediBULL’s approach emphasizes patience and precision. While many traders get caught up in the noise of short-term swings, he remains focused on structured entries. “For non-traders, it’s noise,” he recently said, referring to minor price fluctuations. His strategy centers on waiting for confirmation from the charts before acting, especially in volatile conditions. XRP’s current movement aligns with this disciplined stance. Although some altcoins have already hit their downside targets, CrediBULL believes XRP is still in the process of completing its corrective phase. As such, he’s holding out for slightly lower prices before shifting his posture. Summarily, this latest update reinforces a view shared by many experienced analysts: XRP’s short-term path may involve one more leg down before the next leg up. With his downside target resting around the $1.77–$1.80 level, the coming days could prove pivotal for the asset’s next move. For traders and investors watching closely, this may be a chance to prepare. If XRP dips as expected and finds strong support, it could set the stage for a swift recovery—one that takes it back toward $2.75 and beyond. 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 Top Analyst Expects XRP Price to Dip a bit Further. Here’s the Price Target appeared first on Times Tabloid .
