Trader Uncroves Signs XRP prices can drop – rally up to $ 3.80 next?

XRP (XRP) The price fell 22% between March 19 and March 31, which potentially generates a local bottom of $ 2.02. The price then increased by 9% to $ 2.20 before dracing at current levels.

Is the popular Altcoin down, or is there a deeper hiring on cards?

XRP Bullish Divergence in many timeframes

The Kamag Index — XRP child (RSI) Differentiation conditions are shown -Conditions in lower timeframes, according to analyst casitrades.

A variety of bullish is when the asset ownership price prints the lower lows and the RSI produces higher lows, indicating that the downward momentum is missing.

“After reaching a 0.786 retrace to $ 2.05, XRP prints bullish divergences from 15 minutes to 4-hour chart,” the analyst Says In a post 31 post in X.

The casitrades note that these signals are a positive indicator both for short -term bounces and potential macro recovery.

“That’s the kind of signal we want to see for both short -term bottom and macro! Bounce is holding up so far!”

He added that $ 2.25 remains a major level of resistance to watch, as breaking it with a strong momentum is a signal of a convincing bullish breakout.

“If we break more than $ 2.25 with a strong momentum, to overcome the need for another retest support, a very Bullish sign,” Casitrades said, adding that the demand zone between “$ 2.00 and $ 2.01 remains a support if $ 2.05 does not hold.”

The Analyst projects a bullish month for XRP in April, with targets of $ 2.70 and $ 3.80 in a short time.

“When the price reaches its target, I look forward to a huge impulse to the reverse! The main resistance aligned with $ 2.70 and $ 3.80.”

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Is the local XRP below?

Despite the recent XRP recovery from local lows, the risk of a deeper correction remains, according to veteran businessman Peter Brandt.

Last week, brandt Says Having a “textbook” pattern of head-and-shoulders (H&S) can be seen XRP prices of less than $ 1.07.

This H&S potential pattern is still played on the sun -day chart (see below) and complete at a break and close under the neckline at $ 1.90.

If the price stays under the neckline, the pair may fall to $ 1.50 and then to the pattern target of $ 1.07.

Brandt said:

“Below $ 1.9, I don’t want to hold it out. H&S projects at $ 1.07. Don’t shoot the Messenger.”

Brandt said this bearish chart pattern is invalid if consumers push and maintain the price above $ 3.00.

Meanwhile, macroeconomic headwinds from US tariffs On April 2 of May the Spook entrepreneurs, Privation of XRP price towards $ 1.31.

Not everyone agrees. Analyst Dark Defender shared a positive Outlook, saying that XRP prices are likely to revisit the final level of Fibonacci to $ 2.04 before re -bouncing.

According to the Analyst, a major level of resistance for XRP is $ 2.22, which should “must break” to ensure a prolonged recovery towards the target of Wave 5 to $ 8.

“April-May will be hot, and our Wave 5 targets stand at $ 5-8 levels, as expected.”

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.