XRP is trading near the top of its month-long consolidation band, with the price stuck between roughly $1.35 and $1.45. With April nearing its end\u2014just six days left until the month closes\u2014will the XRP price break upward before the deadline, or will it slip lower and trigger a faster downside move?<\/p>\n
In a fresh technical update shared on social media, analyst Bull Winkle says the next major confirmation for the XRP price will come from how it behaves on the monthly time frame. According <\/a>to Winkle, bulls need a monthly close above $1.90.\u00a0<\/p>\n He frames that level as more than just a random resistance area, describing it as a demand-zone \u201chold\u201d signal and also a reclaim of the 2021 resistance level, now acting as support.\u00a0<\/p>\n If the XRP price can clear $1.90 on a monthly close, Winkle argues it would set the stage for retests higher up the chart\u2014specifically opening the door to $2.90 revisits.<\/p>\n That bullish scenario<\/a> includes a significant recovery math. If the XRP price climbs toward $1.90 ahead of April\u2019s close from current trading levels of $1.43, it would represent about a 32% recovery. Additionally, a potential rally of 102% up to the $2.90 area.<\/p>\n On the other side, Winkle lays out what would count as a clear breakdown for bears. He says the most decisive bearish signal would be a monthly close below $1.27.\u00a0<\/p>\n In his view, that would open the path for a faster move toward $1, with the potential for an Elliott Wave C-style correction that could land the XRP price in the broader $0.60 to $0.75 range. That bearish estimate<\/a> would be severe: it could equate to around a 58% decline from the current trading zone.<\/p>\n While those price levels are the headline, Winkle also emphasized momentum context using the relative strength index (RSI) indicator.\u00a0<\/p>\n He notes that at 47, the monthly RSI<\/a> is not showing divergence in either direction yet. For him, that means the market has not reached a point where the next move is fully \u201chigh conviction\u201d on the monthly setup.\u00a0<\/p>\n Instead, the RSI needs to do something more decisive\u2014either bouncing strongly above 55 to confirm a bullish phase, or pressing below 40 with a trajectory toward the 30 area, which he describes as a capitulation-type bottom.<\/p>\nWhat The XRP Price Needs Next<\/h2>\n