XRPGoal

Crypto analyst Koroush AK, who boasts over eight years of market experience, has warned XRP traders considering long positions on the asset.

Follow LACHAKARI Crypto

In a recent analysis, he noted that XRP’s bearish momentum is intensifying, urging market participants to reassess their risk exposure.
He shared a daily XRP chart displaying what resembles a descending or falling wedge characterized by aggressive lower highs and expanding volatility. Currently trading around $1.94, XRP faces immediate resistance near the $2.06 mark. According to Koroush, this zone could lure in premature buyers before another leg down.
Deeper Risk Ahead
Koroush emphasized that “the gradient of the shift in trend” is growing steeper, pointing out that failed rallies and consistent lower highs at key levels present stronger opportunities for short positions rather than long ones. This implies that market sentiment remains bearish, with any rallies more likely to face rejection than follow-through.

Indeed, XRP has struggled to sustain bullish momentum. After briefly touching $1.60 on Monday, it rebounded to just above $2 in the following days, only to dip again. As of press time, XRP is hovering around $1.94.
Market watchers like Koroush AK interpret these price movements as signs of underlying weakness. He suggests that short positions may offer better risk-reward setups in the short term while waiting for a potential major rebound. Notably, several other analysts share this bearish outlook.
One such voice is analyst Cole Garner, who recently urged traders to short XRP and “thank him later,” expressing strong conviction in the asset’s bearish trend.
Another analyst, Crashius Clay, argues that XRP is significantly overvalued and lacks the market conditions and retail buying pressure to sustain higher prices. He warns of significant downside risk with a market cap exceeding $100 billion and limited support.

Drawing comparisons to Shiba Inu’s dramatic price collapse, Clay considers XRP to be one of the most inflated assets ripe for devaluation. He recently disclosed a $1 million short position on XRP, which he claims remains profitable.
XRP Support Levels to Watch
Koroush AK’s chart suggests that if XRP fails to hold above the $2.06 resistance level, it may revisit support zones at $1.56 and $1.30. These levels could offer potential bounce opportunities. However, if the downtrend deepens, even these supports may break. Some market commentators have even predicted a drop toward the $1 level.
Essentially, these analysts argue that the current market conditions are not favorable for bullish speculation on XRP. Instead, disciplined traders may find more promising setups by shorting failed rallies at resistance levels.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect LACHAKARI Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. LACHAKARI Crypto is not responsible for any financial losses.
$XRP
#xrp #Xrp🔥🔥 #XRPPredictions #XRPGoal #MarketRebound

Popular ETF issuer Teucrium is set to launch the first-ever XRP exchange-traded fund in the United States. 

Follow LACHAKARI Crypto

The Crypto Basic reported the development on its X handle, noting that the fund will debut today. Notably, the Teucrium 2x Long Daily XRP ETF will list and trade on NYSE Arca under the ticker XXRP.
This comes after NYSE Arca certified the listing and registration of the ETF yesterday, paving the way for its imminent launch on the trading platform. According to the fund’s prospectus, the ETF comes with a management fee of 1.89%. 

Mechanics of Teucrium XRP ETF 
Teucrium designed the ETF to deliver 2x (twice) the daily performance of XRP. This indicates that if XRP delivers a daily gain of 3% on a given day, the ETF would return 6%. In contrast, if XRP closes the day with a loss of 2%, the ETF’s value would plunge by 4%. 
The mechanism of doubling XRP’s daily performance categorizes XXRP as a leveraged product that inherently offers higher rewards and risks. 
The ETF issuer will reference multiple benchmarks to determine the XRP pricing for its swap agreements. They include the pricing from spot XRP ETFs, the CME CF XRP-Dollar Real Time Index, and the CME CF XRP-Dollar Reference Rate. 
It bears mentioning that XRP has not launched a spot ETF in the U.S. yet. Hence, the XXRP ETF will initially base its swaps on the prices of XRP ETPs launched in Europe, including the WisdomTree Physical XRP ETP and the 21Shares XRP ETP. 
Top Community Figure Highlights Risks 
Meanwhile, popular XRP community figure Crypto Eri highlighted certain risks associated with the ETF. According to Eri, the fund does not invest directly in XRP, unlike other XRP-related exchange-traded products. 
She emphasized that the issuer designed the ETF as a short-term trading vehicle, focusing on delivering daily results. Hence, it should only appeal to traders monitoring their positions closely and frequently.  
Further, she explained how XRP’s volatility could result in significant losses regardless of whether the price stays flat for a year. According to her, if the XRP price stays flat for a year but volatility spikes 25%, the fund risks losing 6.1% of its value. Similarly, a 75% volatility translates to a 43% loss, while a 100% volatility could lead to a loss of 63.2%. 
Investors Remain Confident About Spot XRP ETF Approval
In the meantime, investors anticipate the potential launch of spot XRP ETFs in the U.S. As previously reported, multiple asset managers, including Bitwise and Canary, seek to launch spot ETFs tied to XRP. 
So far, the SEC has acknowledged most XRP ETF filings and is deliberating on whether to approve the funds for launch. Investors believe the SEC will approve at least one spot XRP ETF this year. 
Data from Polymarket shows that the odds of an XRP ETF launching by the end of this year stands at 75%. 
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect LACHAKARI Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. LACHAKARI Crypto is not responsible for any financial losses.
$XRP
#xrp #Xrp🔥🔥 #XRPGoal #BinanceAlphaAlert #BTCvsMarkets

A notable market analyst insists XRP is still in bullish territory, expecting the asset to either pump 1,000% or 2,700% after the recent crash.

Follow LACHAKARI Crypto
For context, the broader crypto market witnessed a bloodbath over the weekend, which extended into the new week. Particularly, the total crypto market cap lost over $180 billion on Sunday, April 6, amid a 6.87% intraday loss. Despite a meager 0.61% gain the next day, most assets, like XRP, saw massive slumps.
XRP Still in Bullish Territory
Notably, XRP dropped 10.39% on Sunday, then collapsed to a 5-month low of $1.61 the next day. The asset recovered from the $1.61 floor but still nursed a loss of 1.32% on Monday. However, amid the bloodbath, analyst EGRAG Crypto believes XRP is still in bullish territory.

In a recent commentary, the market watcher confirmed that price slumps such as this had occurred during previous bullish phases. Nonetheless, historical data indicates that XRP has always recovered from these price declines, eventually surging to greater heights.
Specifically, he called attention to the 2017 and 2021 bull runs, highlighting similarities between both market phases and the current period. This was his attempt to prove that the recent market crash was a normal one and should not be a cause for concern. 
Historical Performance
According to EGRAG, in 2017, XRP witnessed a massive 73% crash from its peak to local bottom. As the asset observed this correction, it retested the support at the 200-day moving average (MA) a few times and even slumped below the dynamic support by as much as 25%.

Further, a similar bearish pattern emerged in 2021 despite the bull run then. Notably, during this period, XRP collapsed 78% from its top to a floor price and then retested the 200-day MA support multiple times. Amid the retests, XRP dropped 42% below the 200-day MA. 
Interestingly, in each of these instances, XRP saw a recovery push that allowed it to recoup the losses from the bloodbath. For instance, in 2017, the asset surged by up to 2,700%. Meanwhile, in 2021, it recorded an impressive 1,000% pump. 
XRP Could Rally 2,700% or 1,000%
As the latest market crash emerged, XRP observed a slump similar to the 2017 and 2021 declines. As a result, the asset is now retesting the support at the 200-day MA (currently at $1.85). During the panic on Monday, XRP’s crash to $1.61 marked a 13% drop below the 200-day MA.
Despite recovering above the support, XRP is still dangerously close to this price level. Notably, in a previous report, EGRAG had suggested that a retest of this moving average could emerge during a downturn. Now that this forecast has materialized, he believes a pump could occur after the market recovers.

According to EGRAG, XRP could mirror the 2017 run and rally 2,700% or repeat the 2021 surge and pump 1,000%. To put things into perspective, a 2,700% increase from the $1.61 local bottom translates to a target price of $45.1. Meanwhile, a 1,000% rise from $1.61 would lead to a price of $17.7.
EGRAG noted that XRP is still capable of engineering an impressive run in this bull season if the asset does not witness a death cross, which would see the 50-day MA cross below the 200-day MA. Currently, XRP trades for $1.90, with the 50-day MA now at $2.31 and the 200-day MA sitting at $1.85.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect LACHAKARI Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. LACHAKARI Crypto is not responsible for any financial losses.
$XRP
#xrp #Xrp🔥🔥 #XRPPredictions #XRPRealityCheck #XRPGoal

The cryptocurrency market is a wild and unpredictable place, and XRP has recently taken a significant turn that has traders and analysts on high alert. Let's dive into the details of what's been happening with this popular digital asset.
## 💥 XRP's Fall Below Key Support
During the recent crypto market slump, XRP dropped below a crucial support zone. Crypto expert Josh Olszewicz shared some eye - opening insights in his recent YouTube update. He presented a graphic that showed the token breaking below the Ichimoku Cloud on the daily period and dipping below the $2.00 mark. To make matters worse, XRP is now positioned beneath the head - and - shoulders neckline. It's like XRP has fallen through a trapdoor in the market floor, and now everyone is wondering where it will land. 😱📉

## 🔍 How Low Can XRP Go?
Olszewicz described the chart pattern as a “head and shoulders variant mess—Frankenstein’s monster.” This rather colorful description indicates that the pattern is a bit of a jumbled but clear sign of a bearish reversal. Looking at the pattern's components, the left “shoulder” formed around $2.90 in early December 2024, the “head” peaked around $3.41, and the right “shoulder” settled around $3.00. This formation is like a warning signpost on the road of XRP's price journey, pointing towards a downward path. 🚧📈

## 📉 Olszewicz's Prediction
Olszewicz isn't holding back with his predictions. He stated, “I wouldn't be surprised if everything pukes and XRP drops below $1.50 this week. Would not surprise me.” Despite XRP having held up better than some other altcoins in the past, he believes that sellers are about to take the reins. It's as if the market is a race, and the sellers are now in the lead car, speeding towards lower prices for XRP. 🏎️📉

## 📊 Fibonacci Levels and Their Significance
Olszewicz's chart also highlights Fibonacci levels, which are important tools for predicting support and resistance in the market. The $2.60 0.5 retracement level is currently above the market price. This level could act as a barrier if XRP attempts to stage a recovery. It's like a wall that XRP will have to climb over if it wants to start moving back up. If the bears maintain their momentum and the head - and - shoulder pattern fully plays out, the 1.618 extension around $1.42 and the 2.0 extension near $1.16 could come into play. These levels are like potential landing spots for XRP as it continues its downward descent. 📏🔍

## 😟 Jesse Colombo's Pessimistic View
Another crypto researcher, Jesse Colombo, has an even more pessimistic take. He believes that if the head and shoulders structure is completed, it could “sink [XRP] all the way back to $0.60 cents in a complete unwinding of its fall rally.” That's a significant drop from its current levels. However, he also has a more nuanced view. He thinks XRP may quickly go below $1.80 before recovering and resuming its upward trajectory. To him, a drop to sub - $1.80 doesn't necessarily mean XRP is weak if it can quickly regain that level and push past the nearby resistance clusters. He argues that it might be a false breakdown or “fake out” before the next upward leg. It's like a game of cat - and - mouse between XRP's price and the market expectations. 🐱🐭📉

*Disclaimer: The cryptocurrency market is highly volatile and speculative. The information provided in this article about XRP's price movements, chart patterns, and analysts' predictions is for general informational purposes only. There are no guarantees regarding the future price of XRP or the accuracy of the predictions. The market is influenced by a wide range of factors, including market sentiment, regulatory changes, and technological developments. Before making any investment decisions related to XRP or any other cryptocurrency, you should conduct thorough research, consider your own financial situation and risk tolerance, and consult a qualified financial advisor. Cryptocurrency investments carry significant risks, including the potential loss of your entire investment.*

** 🔥🔥 $XRP**

KRW Pair on Upbit, but There’s a Catch

Analysis shows massive selling pressure on the XRP/KRW trading pair on Korean exchange Upbit in the last three days, but demand walls are beginning to build strongly.
Follow LACHAKARI Crypto

XRP dropped below $2 on Sunday to prices last seen in November amid a broader market capitulation. These massive downsides have come as a ripple effect from strong macroeconomic headwinds, specifically from President Donald Trump’s recent tariff brandishing.
Massive Sell-Offs Seen on Upbit
Meanwhile, another possible contribution to this price capitulation is the large sell orders that Korea’s largest exchange Upbit has filled in the last three days. An April 6 analysis from order flow and volume expert Dom highlighted that the Koreans may have flipped bearish with the enormous sell orders persistently filled on the XRP/KRW trading pair since Thursday.

For perspective, the commentary shows that 56.4% of all the trade orders submitted on Upbit in the last three days have all been sell orders, culminating in about 910,000 trades. Furthermore, this selling pressure has resulted in over 50 million XRP net sales on the pair since Thursday last, clearly indicating a bearish trader bias.
Further exposition indicates that Korean traders sold another 25 million XRP yesterday as sell orders continue to mount. Remarkably, most of these activities have come from traders liquidating between 1,000 and 10,000 XRP. This category of holders has been glaringly close to their sell button and is responsible for about 331,200 trade orders (36.4%) dumping XRP in the past week.
Meanwhile, 50.4% of all trade others have come from retail traders FUDing over the present market uncertainties. They have placed 459,100 trade orders in the past seven days, playing an integral part in the massive selling activity from the Korean trading platform.
Nonetheless, high-caliber XRP whales have remained largely unperturbed. A mere 19 trades came with over 100,000 XRP sales, and 7,000 between 10,000 and 100,000 XRP. This indicates that large holders are still bullishly keen on their bags.

Buy Orders Building Amid Dump Below $2
While earlier analyses have termed a drop below $2 as a bearish event and predicted targets like $1.27 and $1.07, massive buy blocks forming sub-$2 could buffer such capitulation. Dom noted in a parallel analysisthat enthusiasts are keen on buying XRP, especially at $1.90 and $1.85.

He highlighted an enormous buy wall between those areas on two prominent crypto exchanges, Binance and Coinbase. Notably, buyers lined up strong bid orders at every five cents of XRP’s price, from near $2 down to $1.50. This suggests that it is not all “air” below $2, as these massive bids could steer a rebound.

In the meantime, XRP trades at $1.6966, down 11% since the start of today.
DisClamier:
This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect LACHAKARI Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. LACHAKARI Crypto is not responsible for any financial losses.
$XRP
#xrp #Xrp🔥🔥 #XRPGoal #BTCvsMarkets #StopLossStrategies

XRP has been facing a sharp price drop in recent hours, with a significant *-19.061.7014* from its previous high of *1.9782*. As we analyze the chart, let's break down the key factors driving XRP's movements, potential predictions, and what investors should look for next. 📉💸

—

*Breakdown:*

🔴 *Current Price Movement:*
XRP was trading at *1.9782*, but has seen a brutal drop, reaching a low of *1.6134*. Currently, it's bouncing back slightly to *1.7014*, showing a slight recovery from the intense sell-off. This confirms a *bearish trend* for now, but could the recovery signal a potential bullish reversal?

📊 *Volume & Market Sentiment:*
The trading volume has been high, with *530.98M XRP* exchanged over the last 24 hours. The market’s sharp downturn is reflected in this volume, confirming that the price drop isn’t just a small fluctuation but a significant sell-off. This suggests that market sentiment is currently *negative*, but there’s still a possibility for XRP to recover if the broader market turns around. 🔥

📉 *Performance Metrics:*
- *Today’s Change*: -12.72%
- *7 Days Change*: -20.42%
- *30 Days Change*: -31.07%
- *1 Year Change*: +188.01%
Despite the short-term downtrend, XRP has still shown significant gains over the year, making it an interesting asset for those looking for long-term potential. 📈

---

*What’s Driving the Drop in XRP Price?*

1. *Overall Market Sentiment:*
The broader cryptocurrency market has been facing some significant turbulence, with Bitcoin and other major altcoins seeing declines. XRP often follows the trend of the overall market, which could be influencing its price drop.

2. *Investor Panic:*
The large drop in price could be linked to investor fear or profit-taking after a strong rally. As XRP touched new heights, some traders may have decided to cash out, driving the price lower.

3. *Key Support Level Breached:*
XRP’s recent dip below *1.70* could indicate that it’s struggling to hold above crucial support levels. If it fails to bounce back quickly, the next level of support could be as low as *1.60* or even *1.50*. 📉

—

*What’s Next for XRP?*

🔮 *Potential for Recovery:*
Despite the recent downturn, XRP has historically shown resilience. If the price stabilizes and moves above the *1.75–1.80* range, it could indicate a bullish reversal, potentially driving the price back toward previous highs like *1.90* or higher. However, this depends on the overall market conditions improving.

💥 *Long-Term Potential:*
Looking beyond the current price action, *XRP* has potential to break through its barriers and potentially surge toward *7*, as some analysts predict. This could happen if the coin continues to show strong fundamentals, strong partnerships, and adoption in the financial sector.

—

*Key Levels to Watch:*
- *Immediate Support:* *1.60* – A drop below this could indicate a larger correction.
- *Immediate Resistance:* *1.75–1.80* – A breakout above this level could lead to a recovery toward *2.00*.
- *Target:* A push towards *7* could be possible if XRP manages to secure more institutional support and achieves higher adoption. 📌

---

*Prediction & Analysis:*

🔮 *Short-Term Outlook:*
- *Bearish sentiment* in the market could keep XRP under pressure in the short term. A potential rebound is possible if it manages to hold above the *$1.60* support, but any further drop below this could lead to more downside. 📉

🔮 *Long-Term Outlook:*
- If *XRP* can regain momentum, breaking through resistance levels, it could see a *bullish push* toward the7 target. This would require strong market conditions, as well as continued support for XRP's ongoing projects and potential regulatory clarity. 🚀

---

*What Should Investors Do?*

- *Short-Term Traders:*
Monitor the *1.60–1.70* range closely for signs of support. If the price stabilizes or rebounds above *1.70*, consider entering long positions or buying the dip.
- *Long-Term Investors:*
If you're in it for the long haul, this might be a good buying opportunity considering XRP’s 1-year performance. Watch for further dips, but *1.60* could be a strong level for re-entry.

---$XRP

*#Xrp🔥🔥 P #NextCryptoETFs? #XRPPriceDrop #xrp #XRPGoal

The world of cryptocurrency is always full of excitement, and right now, all eyes are on XRP. After some recent upward movements, the crypto community is abuzz with speculation about how high XRP could soar. 🚀

## XRP's Current Position and Predictions
Egrag Crypto, a well - known market expert, has made some bold predictions. They believe that XRP might reach as high as $5, but it's not going to be a smooth ride. As of the moment we're writing, XRP is trading at around $2.12. It's already had a good day, with a 3.99% increase as the overall crypto market experiences a price rebound. It's like a little victory for XRP holders! 💰
According to Egrag, for XRP to truly show signs of a major rally, its supporters need to retake the $2.24 mark. This is significant because it represents the 21 - day exponential moving average. If XRP can achieve a daily close above this level, it's a strong indication that there's enough underlying demand to kickstart a proper price rebound. It's like a signal flare in the crypto sky! 🚩
Another crucial milestone is when XRP closes above $2.30 on a daily basis. This would confirm the bullish intent and strengthen the possibility of an upward continuation. This price level corresponds to the Fibonacci 0.382 retracement zone. In the world of technical analysis, this zone acts as resistance during downtrends and support during uptrends. So, if XRP can break through this, it's a big deal! 💥

## Fibonacci Levels and XRP's Potential
The next major hurdle for XRP is at $2.47, which represents the Fibonacci 0.5 level. A decisive break above this price resistance zone would give a huge boost to XRP's upward momentum. And then, there's the $2.70 mark. This is the yellow resistance line and also corresponds to the Fibonacci 0.618 level. If XRP can close above this, it could be the greatest indicator yet for a significant rally and potentially a new all - time high price. 📈
Interestingly, the Fibonacci 0.618 level, also known as the golden ratio, is a super important level. While it can support an uptrend, it can also indicate a price reversal and put a stop to the upward movement. But Egrag is optimistic. They expect that if XRP manages to break through all these resistance zones, it could rise a whopping 133% to reach $5.00 at the Fibonacci 1.618 level. This would signify a whole new era of price discovery for XRP. 🌟

## XRP's Technical Indicators
Looking at the daily trading chart, XRP is currently hovering at $2.12 after a day of small but steady increases. However, it's important to note that the cryptocurrency is still significantly below its 100 - day simple moving average, which is a sign of bearish sentiment in the market. But wait, there's a glimmer of hope! The Relative Strength Index (RSI) is on the rise, currently at 42.69. This suggests that there could be more price gains in store for XRP before a potential reversal. XRP is no small player in the crypto world. It's the fourth - biggest cryptocurrency, with a market value of $123.06 billion. It has the potential to make some serious waves! 🌊

As we watch XRP's journey unfold, it's important to remember that the cryptocurrency market is highly volatile and unpredictable.
*Disclaimer: The information in this article is for general informational purposes only. It is not intended as financial advice. Cryptocurrency prices can be extremely volatile, and past performance is not a guarantee of future results. Before making any investment decisions related to XRP or any other cryptocurrency, you should conduct thorough research and consult a qualified financial advisor.*

** #Xrp🔥🔥 🔥🔥 #XRPGoal $XRP $BTC $SOL**