Top Analyst Flags Key XRP Resistance Level In View of 2025 Breakout

XRP has the prospect of soaring to new highs this year, with top analysts showcasing what the technicals say about its chances

Ripple’s associated native token, XRP, is at a key point where its price could change a lot soon. In a recent X post, a well-known analyst, Egrag Crypto, revealed that XRP is facing an important challenge that could either push its price up or cause it to drop sharply. 

According to market data, the asset is priced at $2.27, and it needs to break through an important level to keep its ongoing rally and prevent a possible fall.

The $4 Barrier: XRP’s Last Line of Defense

The expert’s in-depth analysis suggests that XRP must rise above $4 and stay on weekly charts before March 10, 2025, to keep growing. This price level matches a key resistance zone, called Fork C, in a technical pattern known as the Bent Fork. 

#XRP: 73% Crash Warning Ahead! 🚨( I’m Not Joking!):
**************************************************************************************
Note: 📓
👉To the OGs 💪 & Newbies 👶:
For the seasoned warriors OG’s, you know the drill. But I’m genuinely concerned about the newcomers… pic.twitter.com/EsjEJIfxbM

— EGRAG CRYPTO (@egragcrypto) January 9, 2025

Notably, this technical pattern has been important in the past. The $3.9 level has been a tough barrier for XRP, and breaking this level can help the asset hope to sustain a rally into the future.

If XRP fails to pass this level, it could face big losses. History shows that when XRP hits similar resistance, it often drops sharply. For example, it fell by 89.59% in December 2015, 68.97% in May 2017, 64.35% in September 2018, and 73.39% in April 2021.

Analysts remain cautiously optimistic about XRP’s future. If the asset breaks through $3.9 and establishes a new all-time high, the coin could soar beyond $13 or even $15. Other analysts agree with this bold prediction, saying that breaking the $3.9 resistance could spark a bigger price surge. 

They believe it would pave the way for a stronger bullish trend. However, changes in the market, overall trends, and even the timing of lunar events could affect this positive prediction.

Will XRP Recover or Decline Further?

Compounding the uncertainty, a lunar eclipse scheduled for March 14, 2025, could add more volatility to XRP’s price movements. Researchers suggest that lunar events are historically associated with increased market volatility, often leading to downward pressure on prices. 

The timing of this event, coming just after the critical March 10 price deadline, makes it even more significant. Despite the immediate concerns, market watchers remain hopeful about XRP’s long-term prospects. 

However, the market remains unpredictable. Peter Brandt, renowned trader and market analyst, says analysis of the technical formation of the asset sees XRP skyrocket to $502 billion in market capitalization.

For now, all eyes are on March 10, 2025, which could determine XRP’s fate in the coming year.

Disclaimer: The information provided in this article is for informational purposes only. It does not constitute investment, financial, trading, or any other sort of advice. You should not treat any of BGECrypto’s content as such. BGEcrypto does not recommend that any cryptocurrency should be bought, sold, or held by you. Do your due diligence and consult your financial advisor before making any investment decisions.