Here are 3 Price Gaps XRP Might Need to Fill as Low as $0.64 Before the Next Upsurge to $5+
March 24, 2025
A notable crypto market analyst identifies three important price gaps that XRP might have to fill before the next upward push.
As the broader crypto market observes widespread uncertainty, XRP has failed to witness a decisive breakout. The asset, which claimed a seven-year peak of $3.4 in January 2025, has since corrected from this top. Despite a 14.92% increase this month, XRP remains in a critical position, awaiting the next explosive run.
XRP Likely to Drop to Gap 1
Amid the sustained anticipation, market analyst Crypto Patel recently identified three important gaps that could play a major role in XRP’s upward push. For context, these gaps represent support regions that the bears could fill before XRP observes a decisive run.
In his latest analysis, Crypto Patel spotlighted the daily chart, asserting that XRP might still witness steeper declines. According to Patel, these declines could push XRP to three support price gaps, specifically at $1.712 to $1.545 (Gap 1), $1.00 to $0.9268 (Gap 2), and $0.772 to $0.64 (Gap 3).
XRP 1D Chart | Crypto Patel
The analyst expects XRP to recover from the ongoing massive pullback, setting a near-term target of $5+. However, he believes that before XRP records this forthcoming recovery, the asset is likely to fill Gap 1, which lies between $1.712 and $1.545.
Steeper Crash to Gaps 2 and 3
With XRP changing hands at $2.45, a drop to this level would represent a further 30% to 37% crash. Nonetheless, Crypto Patel suggested that an overview of XRP’s technical structure and its Fibonacci levels indicate that it is highly possible a further drop to the next two gaps could materialize.
For context, the Fibonacci 0.618 retracement level aligns with Gap 2, between $1 and $0.9268. Meanwhile, Gap 3, around the $0.772 to $0.64 range, syncs with Fibonacci 0.786.
According to Patel, if XRP drops to the Fibonacci retracement levels between 0.618 and 0.786, essentially reaching Gaps 2 and 3, this downward move would trigger a massive recovery push from the bulls. He identified this region as an important confluence zone for swing traders and long-term holders.
Overall, the analyst believes Gaps 1 to 3 represent areas of high liquidity. This indicates that the regions present an ideal buy opportunity for investors looking to accumulate XRP safely.
Notably, besides Crypto Patel, other market watchers believe XRP will recover from the downturn but advise patience. For instance, pundit Armando Pantoja suggested that a 10x rise for XRP would come, but not in 24 hours.
In addition, Black Swan Capitalist co-founder Vandell Aljarrah questioned why some were selling now, asserting XRP could reach double digits this year. For now, XRP currently trades for $2.45, up 2.88% over the past 24 hours and 5.72% in the last week.
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