The XRP market remains in a phase of consolidation as top crypto analyst CrediBULL Crypto suggests the asset may see additional downside before launching its next upward move. While XRP has shown resilience above $2.10, the technical outlook points to a potential retest of key support levels, offering strategic opportunities for informed investors.
This analysis dives into the current price structure, key support zones, and future price targets based on credible technical insights. Whether you're a long-term holder or an active trader, understanding these dynamics can help align your strategy with market momentum.
👉 Discover how market cycles shape high-probability entry zones for XRP and other major cryptos.
Current Market Position and Consolidation Phase
As of the latest data, XRP is trading around $2.11, slightly off its recent local high near $2.20. The token has cooled after a strong rally that propelled it over 300% from its November 2024 lows. Despite this impressive run, momentum has stalled, and XRP is now confined within a tightening range between $1.77 and $2.20.
This consolidation pattern—visible across multiple timeframes—indicates a period of indecision in the market. Traders are waiting for a decisive breakout or breakdown to signal the next directional move. Analysts monitoring Bollinger Band compression note that such tight ranges often precede significant volatility expansions, making the coming weeks critical for XRP’s trajectory.
CrediBULL Crypto, a well-known figure in technical analysis circles, recently responded to market chatter about whether XRP had already hit its downside target (previously projected between $1.95 and $2.02). His answer was direct: “No, still looking for a bit lower.” This suggests he expects further downside before a sustainable bottom forms.
His commentary reinforces the idea that short-term weakness does not negate long-term bullish potential—especially if key support holds.
Key Support Zone: $1.77–$1.80
One of the most watched levels in the current market is the $1.77 to $1.80 support zone. CrediBULL has consistently highlighted this area as a critical foundation for XRP’s next leg up. A retest of this range would align with typical post-rally correction patterns seen in major cryptocurrencies.
Historically, such pullbacks serve to shake out weak hands and reset overbought conditions, paving the way for stronger upward momentum. If XRP reaches this zone and shows signs of stabilization—such as increased buying volume or bullish candlestick patterns—it could present a high-conviction entry point for both retail and institutional investors.
"No still looking for a bit lower" on $XRP as my downside target on it hasn't been met yet.
— CrediBULL Crypto, June 20, 2025
This quote underscores the analyst’s disciplined approach: waiting for price action confirmation before adjusting his outlook. It also reflects a broader principle in technical trading—patience pays when navigating volatile assets like XRP.
Technical Structure and Future Price Targets
CrediBULL’s analysis hinges on identifying structural turning points rather than reacting to daily noise. He previously pinpointed a “point of breakdown” just below $2.00—a level that now acts as both resistance and a psychological benchmark.
A decisive reclaim of $2.00 with strong volume could shift sentiment and trigger a fresh rally toward $2.75. However, until that happens, the path of least resistance appears downward, with the $1.77–$1.80 zone remaining the most likely destination for a final shakeout.
From a macro perspective, CrediBULL maintains a bullish stance rooted in higher-timeframe technicals. He sees an ongoing five-wave Elliott Wave structure, which remains valid as long as XRP holds above major support. In this model:
- Waves 1 through 3 represent the initial rally.
- Wave 4 is the current corrective phase.
- Wave 5 would be the final upward thrust, potentially exceeding $2.75.
This framework gives traders a roadmap: dips during Wave 4 should be viewed as healthy corrections, not trend reversals.
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Market Sentiment and Strategic Patience
In a space often driven by emotion and hype, CrediBULL stands out for his methodical approach. He emphasizes that minor price swings—what many traders obsess over—are “noise” for long-term investors.
“For non-traders, it’s noise,” he recently stated.
His strategy revolves around structured entries based on chart confirmation rather than speculation. This mindset is particularly valuable in volatile markets where FOMO (fear of missing out) and panic selling can lead to poor decisions.
Currently, several altcoins have already completed their downside targets, but XRP appears to be lagging in this cycle. This delay suggests the asset may need one more leg down to attract fresh capital before resuming its uptrend.
What This Means for Traders and Investors
The takeaway from CrediBULL’s latest update is clear: expect short-term weakness before long-term strength.
For active traders:
- Monitor the $1.77–$1.80 zone for potential reversal signals.
- Use tight stop-losses and position sizing to manage risk.
- Wait for confirmed breakouts above $2.20 before adding aggressive long positions.
For long-term investors:
- View any dip into the $1.77–$1.80 range as a possible accumulation opportunity.
- Focus on macro trends and avoid overreacting to daily volatility.
- Keep an eye on broader market indicators like Bitcoin dominance and liquidity flows.
If XRP finds strong support in the target zone and bounces with momentum, it could swiftly reclaim $2.50 and push toward $2.75—a move that would reignite bullish sentiment across the ecosystem.
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Frequently Asked Questions (FAQ)
Q: Why does CrediBULL expect XRP to drop further?
A: Because his defined downside target ($1.77–$1.80) hasn’t been reached yet. Technical models often require full completion of correction phases before new rallies begin.
Q: Is XRP still bullish in the long term?
A: Yes. Despite short-term dip expectations, CrediBULL maintains a bullish macro outlook supported by Elliott Wave patterns and key support holding.
Q: What happens if XRP breaks below $1.77?
A: A breakdown below $1.77 could signal deeper correction or invalidation of current bullish structure, prompting reassessment of targets.
Q: When might XRP start rising again?
A: Once it completes its corrective phase—likely after testing $1.77–$1.80—and shows strong demand at those levels.
Q: How reliable are technical analysts like CrediBULL?
A: While no prediction is guaranteed, analysts using structured methodologies like Elliott Wave or supply-demand zones offer valuable context when combined with other indicators.
Q: Should I sell XRP now?
A: That depends on your strategy. Short-term traders might consider reducing exposure ahead of potential dip; long-term holders may see lower prices as buying opportunities.
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