XRP Price Prediction - Analyst Targets $4 After Potential Correction

XRP has witnessed a sharp 25% decline from its recent high of $2.90, causing investors to question its next move. Despite the correction, many analysts remain optimistic about XRP's potential for a recovery, while others predict a deeper retreat before any significant price increase. The market seems divided, with speculators eyeing a potential breakthrough and skeptics preparing for a silent sell-off. Cryptocurrency analyst Harry has considered the discussion and shared a detailed technical analysis of X. He emphasizes that XRP may target a price of $4 after completing a deeper retracement. Harry's analysis shows that although the bullish sentiment is still in effect, the path ahead may require further consolidation or even a short-term decline to reset market conditions. The difference in perspective emphasizes the uncertainty surrounding the price action of XRP. Will the retreat create a launching pad for the next price increase or pave the way for prolonged downward pressure? When XRP fluctuates near important levels, the next few days will determine whether the buying or selling side will take control. Currently, XRP holders and traders must closely monitor these developments, as the future of this token depends on breaking the current impasse. Price action signals the storm before it runs XRP has recently faced a significant pullback, and many analysts believe that a further correction or consolidation may be imminent before a continuation of the bullish run occurs. After reaching the highs, the token paused, with some experts predicting a period of stability. However, the bulls remain hopeful, anticipating new highs in the coming months as buying pressure intensifies. Top analyst Harry has shared his insights on X, pointing out that XRP has yet to retest the crucial level of 1.96 dollars. Currently, the price is fluctuating between 1.96 dollars and the all-time high of 2.77 dollars in 2017. According to Harry's technical analysis, this position indicates increasing price momentum.

He also believes that if the current XRP chess model breaks upwards, this token may experience a strong price increase towards a new high. This analysis follows weeks of speculation about the price trajectory of XRP, especially after the volatile movements of Bitcoin. BTC has been fluctuating around the psychological level of $100,000, continuously breaking and losing it. These conditions have added another layer of instability to the market, leaving traders uncertain about what will happen next. XRP shows hesitancy XRP is trading at $2.40, marking a 14% recovery from the recent local low of $2.16. Despite this recovery, the price action of the token remains uncertain as market sentiment remains divided. Traders and investors are closely monitoring the next moves, with no clear signs of continued price increase or the formation of a cycle high.

The important levels to watch are $2.25 and $2.50. If XRP can hold above the support level of $2.25 and reclaim $2.50 in the near future, this could signal the start of a new uptrend. This scenario could attract more buying pressure, pushing XRP closer to retesting its recent high level. However, the current market hesitation reflects broader uncertainty, and any failure to reclaim these levels could lead to further consolidation or a potential decline. When Bitcoin and the broader cryptocurrency market go through volatile trends, the next move of XRP will be crucial in determining its trajectory. Currently, this token is still in a fragile position, and traders should exercise caution while monitoring these important price levels. Whether XRP continues to rise or experiences further corrections will largely depend on market conditions in the coming days. DYOR! #Write2Win #Write&Earn $XRP {spot}(XRPUSDT)