{"id":6626,"date":"2025-08-19T18:13:08","date_gmt":"2025-08-19T18:13:08","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/whats-next-for-xrp-after-crashing-below-3-analyst-answers\/"},"modified":"2025-08-19T18:13:08","modified_gmt":"2025-08-19T18:13:08","slug":"whats-next-for-xrp-after-crashing-below-3-analyst-answers","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/whats-next-for-xrp-after-crashing-below-3-analyst-answers\/","title":{"rendered":"What\u2019s Next For XRP After Crashing Below $3? Analyst Answers"},"content":{"rendered":"<p>XRP has just dropped below $3, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen when a market finds its bottom.<\/p>\n<p>According to market analyst Casi Trades, <a href=\"https:\/\/x.com\/casitrades\/status\/1957429875264074208?s=46\" rel=\"nofollow\" target=\"_blank\">the current setup<\/a> could open the door for XRP to stabilize and possibly aim for higher targets, with levels like $4.80 already on the radar.<\/p>\n<h2>XRP Holds Strong At $2.96 Support<\/h2>\n<p>XRP\u2019s latest <a href=\"https:\/\/bitcoinist.com\/xrp-5-target-remains-intact\/\" rel=\"nofollow noopener\" target=\"_blank\">price action<\/a> delivered exactly what technical analysts were waiting for.\u00a0 Adding even more weight to the case for a bottom is the Relative Strength Index (RSI). The RSI printed bullish divergence on both the 15-minute and the 1-hour charts.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-medium wp-image-806818\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/XRP-Price-5.jpg?w=512&#038;resize=512%2C361\" alt=\"XRP Price\" width=\"512\" height=\"361\" \/><\/p>\n<p><a href=\"https:\/\/bitcoinist.com\/xrp-price-crash-could-deepen\/\" rel=\"nofollow noopener\" target=\"_blank\">While prices were falling,<\/a> the RSI showed higher lows, signaling momentum was shifting in favor of buyers. Combined with the clear 5-wave downward move on the chart, Casi Trades believes this confirms that XRP has completed its correction phase.<\/p>\n<p>Related Reading: Dogecoin Eyes 1,000% Increase To Reach $2.55 ATH This Cycle<\/p>\n<p>The analyst explained that the <a href=\"https:\/\/bitcoinist.com\/xrp-elliott-wave-structure\/\" rel=\"nofollow noopener\" target=\"_blank\">drop<\/a> into $2.96, followed by an immediate bounce, shows that the market \u201cwas hunting for a bottom, and XRP delivered.\u201d The combination of Fibonacci levels, divergence signals, and clean wave structure makes this support zone one of the <a href=\"https:\/\/bitcoinist.com\/xrp-price-can-still-cross-3\/\" rel=\"nofollow noopener\" target=\"_blank\">most important<\/a> in the current cycle.<\/p>\n<h2>Bullish Outlook And Upside Targets<\/h2>\n<p>Now that XRP has hit and held the $2.96 support, traders focus on the next phase. Casi Trades noted that XRP may linger around this level or retest it again, but its holding is already a <a href=\"https:\/\/bitcoinist.com\/xrp-pump-after-this-happens\/\" rel=\"nofollow noopener\" target=\"_blank\">positive sign<\/a>.\u00a0<\/p>\n<p>The market analyst expects large-cap cryptocurrencies, including XRP, to lead the next wave of gains. With support confirmed, attention is now shifting to upside targets. The most critical one mentioned is $4.80, but the analyst believes the momentum could carry XRP even higher if conditions remain favorable.<\/p>\n<p>This bullish outlook is fueled not just by bullish,\u201d Casi Trades commented.<\/p>\n<p>If the impulsive upside resumes, XRP\u2019s recovery from this support zone could mark the beginning of a strong upward leg.\u00a0<\/p>\n<p>For now, all eyes remain on the $2.96 level. As long as XRP holds above it, the case for a bullish rally stays strong. The market setup points to higher prices, whether it takes off immediately or after a brief consolidation. With the potential for a run toward $4.80 and beyond, XRP\u2019s sharp drop may have just set the stage for its next big move.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/hWEifDta\/\" alt=\"XRP price chart from TradingView.com\" width=\"3286\" height=\"1688\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has just dropped below $3, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6627,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[36,42,43,40,46,47,48,49],"class_list":["post-6626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/6626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=6626"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/6626\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/6627"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=6626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=6626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=6626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}