XRP Consolidation Phase and Market Outlook
XRP, a significant player in the cryptocurrency market, has recently entered a notable consolidation phase. Following its peak of approximately $3.40 in 2025, the price has decreased by 40%, reaching a level of $2.02. Despite this decline, market experts express optimistic views about XRP’s long-term performance. Credible Crypto, a cryptocurrency analyst with 69,300 YouTube subscribers, suggests that XRP is poised for a strong upward movement after this period of consolidation.
XRP Provides Strong Returns Since November
The analyst notes that since November 2024, XRP has emerged as one of the standout assets in terms of investment returns. He views the current price drop as a short-term correction, signaling a natural pause before a significant rally. According to the analyst, XRP’s recent performance holds promising signals for long-term investors.
Credible Crypto emphasizes that the price fluctuations following the $3.40 peak should not be overstated, describing them as a natural market consolidation. He recalls similar situations in the past that have led to strong rallies. From a technical analysis perspective, XRP’s current status is seen as a potential precursor to a recovery.
Possible Drop to $1.30 Is Foreseen
The analyst predicts that XRP could dip below $1.80 in the coming days, potentially retreating to the demand-rich range of $1.30 to $1.60. He highlights that these levels represent a strong support area for XRP, suggesting that prices may turn upwards from this point.
According to Credible Crypto’s forecast, XRP prices may experience a decline of 20% to 30%. However, he argues that this pullback could be more of a signal for a new rise rather than a cause for alarm. The expert stresses the importance of monitoring such corrections, which are common in the cryptocurrency market.
Technical indicators support this likelihood of decline. Nevertheless, investors are advised to pay attention not only to prices but also to overall market sentiment and trading volumes. Considering XRP’s long-term targets, this consolidation phase may signal the approach of larger moves ahead.