XRP Price Prediction – XRP Outlook Good Despite Possible Drop Below $2 Short-Term 

Highlights:

• XRP headed lower after critical support fails
• The selloff could be accelerated by correction across the market
• Continued selloff could push XRP below $2

XRP has dropped 4.79% ahead of the U.S market opening to trade at $2.33. market’s opening. However, trading volumes have surged by 16.63%, suggesting panic selling. XRP had previously displayed signs of weakness, and today’s broader market sell-off has intensified existing bearish tendencies.

XRP continues to falter despite Bitcoin’s recent surge to $88,800 and a rebound for most altcoins. Following headlines about Ripple’s ongoing dispute with the SEC, bullish sentiment triggered an 11% rally on March 19. However, this momentum has since fizzled out.  The volume also plummeted, shedding $1.4 billion weekly, signaling a 35% decline from $4 billion to $2.6 billion.

Analysts Discuss Divergent Scenarios for XRP’s Price Action

An experienced trader, Peter Brandt, has issued a warning on XRP, predicting a steep drop due to a head-and-shoulders pattern forming. Brandt explains that should XRP breach $1.90, the price could fall 55% to around $1.07. “However,” he argues, “if XRP moves above $3, the bearish pattern will be invalidated.”

On the opposite side of the spectrum, crypto analyst Javon Marks pointed out a bullish setup depicting XRP price action alongside the Relative Strength Index (RSI), both breaking out of falling wedge formations. Marks also recalled a past breakout that led to a 570% rally, implying a similar surge was likely to happen. Despite uncertainty in the short term, factors like BlackRock’s rumoured XRP ETF and withdrawal of an SEC appeal may prompt a rebound.

Updating a chart for those interested
I have no vested interest up or down$XRP is forming a textbook H&S pattern.
So, we are now range bound
Above 3.000 I would not want to be short
Below 1.9 I would not want to own it
H&S projects to 1.07
Don't shoot the messenger pic.twitter.com/wdpW9RpU5k

— Peter Brandt (@PeterLBrandt) March 26, 2025

Withdrawal of SEC Appeals and XRP ETF Opportunities

Investors are bracing for the SEC’s official withdrawal of its appeal concerning Programmatic Sales of XRP on March 27th. If this development were to occur, it could lead to the subsequent approval of an XRP-spot ETF, which would be a game changer in the crypto world. It would also dramatically affect XRP’s demand and supply equilibrium, especially if institutional investors like BlackRock and Fidelity join the bandwagon. 

BREAKING: The U.S SEC Commission will vote today. They will ask the court to lift the injunction that was placed on @Ripple and finalize the documents. #XRP

THE CASE IS OVER pic.twitter.com/lQWLAAswMx

— Dr.Jim Willie's (@JimWillies55) March 27, 2025

Blackrock’s Possible Effect on XRP-Spots ETFs

Ripple’s CEO has pointed out that some cooperation may be underway with BlackRock regarding launching an XRP-spot ETF. This ETF, if approved, is expected to yield impressive numbers,  like the $39.8 billion inflows of the BlackRock Bitcoin ETF since its inception.

One cryptocurrency analyst is bullish that XRP ETFs will attract upwards of $8 billion by 2026. These estimates have some validity as current Polymarket data shows an XRP-spot ETF approval going from 57% to 87% between January and December this year.

RIPPLE & BLACKROCK CREATING $XRP ETF !?! CEO DROPS A BOMBSHELL ON BLOOMBERG CRYPTO!

Ripple CEO, @bgarlinghouse , hints at a game-changing connection between BlackRock and @Ripple launching an $XRP ETF in the USA …

Stating: “We think it makes sense for the XRP… https://t.co/L7cxrWCPIp pic.twitter.com/8bscIj60pV

— Good Morning Crypto (@AbsGMCrypto) March 26, 2025

XRP to Be Tradable on Top US Platform

Interactive Brokers has added support for XRP, Solana (SOL), and Dogecoin (DOGE). This comes after the firm began offering crypto trading in September 2021, when it supported Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Although the firm’s founder, Thomas Peterffy, previously dismissed crypto as ‘worthless’, he shifted his opinion and indicated that investors should allocate up to 3% to digital assets.

Technical Analysis – XRP Price Headed Lower as Key Support Fails

XRP is likely headed lower on the day after the $2.36 support fails. Even worse, bulls have failed in an attempted rebound through $2.36, making it resistance. 

This, at a time when the broader market is in the red, puts XRP on course to test prices below $2. On the flip side, if there is a strong rebound through the $2.36 resistance, a rally to $3 could follow in the short term. 

Recap 

XRP is in the red intraday, reflecting the selloff across the market. However, multiple factors could push its price higher over time. For example, the end of the SEC case against Ripple and the rising likelihood of an XRP ETF could push the price to unprecedented highs.