{"id":89632,"date":"2025-08-19T16:00:23","date_gmt":"2025-08-19T16:00:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=89632"},"modified":"2025-08-19T16:00:23","modified_gmt":"2025-08-19T16:00:23","slug":"whats-next-for-xrp-after-crashing-below-3-analyst-answers","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=89632","title":{"rendered":"What\u2019s Next For XRP After Crashing Below $3? Analyst Answers"},"content":{"rendered":"

XRP has just dropped below $3<\/a>, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone<\/a>. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen when a market finds its bottom.<\/p>\n

According to market analyst Casi Trades, the current setup<\/a> could open the door for XRP to stabilize and possibly aim for higher targets, with levels like $4.80 already on the radar.<\/p>\n

XRP Holds Strong At $2.96 Support<\/h2>\n

XRP\u2019s latest price action<\/a> delivered exactly what technical analysts were waiting for.\u00a0 Adding even more weight to the case for a bottom is the Relative Strength Index (RSI). The RSI printed bullish divergence on both the 15-minute and the 1-hour charts.\u00a0<\/p>\n

While prices were falling,<\/a> the RSI showed higher lows, signaling momentum was shifting in favor of buyers. Combined with the clear 5-wave downward move on the chart, Casi Trades believes this confirms that XRP has completed its correction phase.<\/p>\n

Related Reading: Dogecoin Eyes 1,000% Increase To Reach $2.55 ATH This Cycle<\/a><\/p>\n

The analyst explained that the drop<\/a> into $2.96, followed by an immediate bounce, shows that the market \u201cwas hunting for a bottom, and XRP delivered.\u201d The combination of Fibonacci levels, divergence signals, and clean wave structure makes this support zone one of the most important<\/a> in the current cycle.<\/p>\n

Bullish Outlook And Upside Targets<\/h2>\n

Now that XRP has hit and held the $2.96 support, traders focus on the next phase. Casi Trades noted that XRP may linger around this level or retest it again, but its holding is already a positive sign<\/a>.\u00a0<\/p>\n

The market analyst expects large-cap cryptocurrencies, including XRP, to lead the next wave of gains<\/a>. With support confirmed, attention is now shifting to upside targets. The most critical one mentioned is $4.80, but the analyst believes the momentum could carry XRP even higher if conditions remain favorable.<\/p>\n

This bullish outlook is fueled not just by XRP\u2019s chart<\/a> but also by broader market conditions. Large caps tend to move together when sentiment improves, and XRP holding its ground at $2.96 is a signal of strength. \u201cFrom these support lows across the market, I expect things to turn exciting and bullish<\/a>,\u201d Casi Trades commented.<\/p>\n

If the impulsive upside resumes, XRP\u2019s recovery from this support zone could mark the beginning of a strong upward leg.\u00a0<\/a><\/p>\n

For now, all eyes remain on the $2.96 level. As long as XRP holds above it, the case for a bullish rally<\/a> stays strong. The market setup points to higher prices, whether it takes off immediately or after a brief consolidation. With the potential for a run toward $4.80 and beyond, XRP\u2019s sharp drop may have just set the stage for its next big move.<\/p>","protected":false},"excerpt":{"rendered":"

XRP has just dropped below $3, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen […]<\/p>\n","protected":false},"author":0,"featured_media":89633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89632"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=89632"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/89632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/89633"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}