XRP Price Continuation After Crash Below $2.4? New Targets Emerge

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The cryptocurrency market has witnessed yet another volatile swing in XRP’s price, sparking renewed interest among traders and analysts alike. After a sharp decline below $2.40, XRP is now teetering near the critical $2.00 support level. While the short-term outlook appears bearish, a deeper technical analysis reveals a potentially bullish reversal on the horizon. Crypto analyst Javon Marks has identified a hidden bullish divergence on XRP’s daily chart — a pattern historically associated with strong upward momentum following a pullback.

This article explores the current price dynamics, the significance of the hidden bullish divergence, and the potential price targets if the pattern plays out as expected.

Hidden Bullish Divergence: A Signal of Strength Amid Weakness

Despite the recent 13% drop in XRP’s price over 24 hours, technical indicators are painting a cautiously optimistic picture. The key signal comes from the Relative Strength Index (RSI), which is showing a hidden bullish divergence on the daily timeframe.

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A hidden bullish divergence occurs when the price forms higher lows, but the RSI forms lower lows. This suggests that although price momentum appears weak, the underlying selling pressure is actually decreasing. In simpler terms, bears are losing steam even as the price continues to fall — a classic sign that a reversal may be imminent.

Javon Marks highlighted this formation on social media platform X (formerly Twitter), noting that the divergence is developing in a “textbook fashion.” He emphasized that such patterns often precede powerful continuation rallies, especially after extended consolidation phases.

Price Action and Key Support Levels

At the time of writing, XRP is trading at $2.15, down 13.2% in the past day and 15.9% over the past week. The asset has fallen from its recent high of $3.36 and is now testing the $2.00 psychological and technical support zone.

If XRP manages to hold above $2.00, it could confirm the validity of the bullish divergence and set the stage for a significant upward move. However, a sustained close below $2.00 would invalidate the current bullish thesis and likely trigger further downside toward $1.80 or lower.

Historical Parallels: Lessons from 2017

One of the most compelling aspects of Javon Marks’ analysis is the comparison between XRP’s current price behavior and its 2017 consolidation pattern.

Back in early 2017, XRP experienced a strong rally followed by an extended sideways movement — a consolidation phase that lasted several weeks. That period of stagnation was eventually broken by a powerful continuation wave that pushed XRP to new all-time highs.

The current market structure bears striking similarities:

Although the current consolidation has lasted longer than its 2017 counterpart, the structural parallels suggest that XRP could be setting up for a similar breakout — provided key support holds.

Projected Bullish Targets: Can XRP Break Its All-Time High?

If the hidden bullish divergence leads to a confirmed reversal, Javon Marks projects that XRP could surge to $3.80 in the next major leg up.

This target is not arbitrary:

A move to $3.80 would imply a gain of over 75% from current levels — a significant opportunity for traders positioned early.

However, reaching this target depends on two critical conditions:

  1. Holding above $2.00 support
  2. Confirmation of reversal through bullish candlestick patterns and rising volume

Traders should monitor these levels closely in the coming days.

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FAQ: Common Questions About XRP’s Price Outlook

Q: What is a hidden bullish divergence?
A: It's a technical pattern where price forms higher lows while an oscillator like RSI forms lower lows. This indicates weakening bearish momentum and often precedes an upward reversal.

Q: Why is $2.00 so important for XRP?
A: $2.00 is both a psychological support level and a technical floor tied to the bullish divergence structure. Losing it could invalidate the current bullish setup and open the door to deeper corrections.

Q: Has XRP ever shown this pattern before?
A: Yes — in 2017, a similar consolidation and divergence pattern preceded a major rally that took XRP to new highs. Analysts see parallels in today’s market structure.

Q: What would confirm a bullish reversal?
A: A strong green candle closing above $2.40, accompanied by rising trading volume and bullish RSI crossover, would serve as early confirmation.

Q: What are the risks to this bullish outlook?
A: A breakdown below $2.00 with high volume would suggest continued bearish control. Additionally, broader market sentiment and regulatory news around XRP could impact price direction.

Q: Could XRP reach $3.80 soon?
A: While possible, it would require strong buying pressure and sustained momentum. The timeline depends on market conditions, but such moves often unfold over weeks rather than days.

Final Thoughts: Patience and Precision Required

While emotions may run high during sharp price drops, disciplined traders focus on structure, not sentiment. The hidden bullish divergence in XRP’s daily chart offers a data-driven case for optimism — but only if key support holds.

The next few days will be critical. A bounce from $2.00 with increasing volume could ignite the next leg of the rally toward $3.80. Conversely, a breakdown could lead to further downside before any recovery attempt.

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Regardless of outcome, this moment underscores the importance of risk management, technical awareness, and historical context in cryptocurrency trading.

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