XRP is currently down by more than 1% in the last 24 hours. The price is constantly failing to hold above the $2 level. In the past few months, the $2 level has been an important support zone and a dip below $2 may signal more trouble for XRP. The broader market sentiment is slightly shifting with Bitcoin trading above the $85,500 mark. Here’s a breakdown of what’s next for XRP in April: 

According to analyst Egrag Crypto, April is shaping up to be a key month, with price action expected to test both the lower and upper ends of the range. XRP is likely to revisit the lows around $1.90–$1.79 through a wicking process. 

At the same time, the upper range near $2.80–$3.00 will also be tested in a similar way. If the downside wick holds, there’s potential for a 62–70% upside from the lowest point. The market is still in the “boredom phase,” according to the analyst.  After one final dip to the $2 region, a strong upward move could follow in this cycle.

“After revisiting the $2 region one last time, we could see a significant blastoff in this cycle,” the analyst said.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed