The broader crypto markets are witnessing massive sell-offs and liquidations as the United States President Donald Trump imposes 25% tariffs on foreign cars and Russian oil. This has planted seeds of panic among market participants, as the Crypto Fear & Greed Index quickly turned to 34, at the verge of hitting ‘extreme fear’ levels for the first time since last month.
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As a result, large financial playmakers such as Goldman Sachs are expecting the upcoming tariffs to induce inflation. While Bitcoin (BTC) dwells just above $81,000, large market-cap altcoins are also feeling the bear pressure, including the high-profile Ripple (XRP) coin.
Naturally, several seasoned crypto analysts now believe that the OG altcoin is doomed to fall below $2, including Peter Brandt’s last week Head ‘n’ Shoulders pattern pointing to $1.07. More recently, crypto chart analyst Kiran Gadakh drew similarities between the ongoing Ripple (XRP) price movement and that of Bitcoin (BTC) before a price breakdown from $90K to $82K.
“Think that $1.5 level gonna get tested soon. Tick tock”, – vented the crypto mentor to his 7K audience, reacting to the inflation news. Judging by the technical implications, the next major support zone underlies $1.75, which could provide the comfort for XRP bulls to come back in case of consolidation above.
Key Catalysts For XRP Price Recovery To $3
Meanwhile, another popular crypto connoisseur Livercoin agreed to the bearish perspective if XRP doesn’t hold the current $2 support territory. “It’s not looking good brev”, the trader concluded. Luckily enough, Ripple’s (XRP) price now stays afloat at $2.06, currently conquering the barrier and looking to consolidate, according to the narrowing Bollinger Bands (BOLL).
Aside from determining the short-term XRP price volatility, this on-chain tool also provides a tiered price target perspective, with the red line normally confirming a bullish reversal. Conversely, a daily close below the green label would invalidate any consolidation efforts.
Currently just 1 cent above the lowest tier Bollinger Band, XRP price movement has been noticeably taken over by crypto short-sellers, or bears in crypto slang. This is evidenced with the Chaikin Money Flow (CMF) index loitering below zero since March 26, 2025, signaling a negative balance sheet between the high rolling crypto players, as whales reduce positions.
In order to orchestrate a $3 XRP price campaign, crypto bulls would have to break through $2.24, representing the red label Bollinger Band. On the way up, $2.50 serves as a key resistance area, while the $3 XRP price target hangs unclaimed since February 1, 2025.
On The Flipside
- Aside from technicals, the popular altcoin’s price movements are tied to Ripple’s breakthrough in the 6-year long case versus U.S. Securities and Exchange Commission (SEC).
- The victory paved the way for XRP Ledger’s institutional integration and 11 applicants bidding for an XRP exchange-traded fund (ETF) product, potentially launching this year.
Why This Matters
XRP Ledger chain is considered to be one of the best for cross-border transactions, favored by a selection of major banks and traditional financial institutions, giving a lasting IRL utility case for XRP coin.
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