XRP has maintained its stable range for many weeks after enjoying price gains recently on the Ripple network. In a new evaluation crypto expert MetaShackle says XRP might have a quick price collapse soon and go to fresh bottom levels.

The expert analyst sees this market dip as temporary and expects a quick economic recovery afterward.

A TradingView platform trading analyst MetaShackle uses Elliott Wave theory plus Fair Value Gaps (FVGs) liquidity zones and trendlines to show investors detailed results about XRP price behavior. The expert predicts that XRP will develop a misleading rally followed by an intense market drop.

XRP”s Wave 4 Decline Signals Possible Surge Ahead

Ripple”s pricing movement during Wave 4 represents one part of a six-wave pattern while Waves 1 to 3 demonstrated strong advances. After completing its Wave 4 decline XRP may start Wave 5 upward movement which should push its price to between $2.80 and $3.00.

The market would experience a false rally which draws funds from higher levels before an expected price drop in April 2025.

XRP Faces Flash Crash, Bullish Rebound Expected

According to MetaShackle the XRP price will drop into its target zone from $1.40 to $1.60 marked by the analyst. The market should remove over-extending traders who got caught in the dip of Wave 5 during May 2025 as it starts its recovery in Wave 7.

The analyst expects XRP to recover fast from its sudden market decline based on these long-term forecasts. Analysts forecast XRP will create a genuine market expansion starting in May 2025 that could exceed its $3.84 high from 2018. MetaShackle expects XRP to hit $3.60 quickly before a strong market rally unfolds in the second part of 2025.

The price of XRP stands at $2.44 with a weekly increase of 4.56%. The market shows XRP holds its position strongly even after retreating from its $3.00 high earlier this year. Investment analysts watch how XRP will perform next with most maintaining positive expectations on its market direction.

XRP Faces Flash Crash, Bullish Rebound Expected

The market analyst “Steph Is Crypto” on X forecasts that XRP will hit $3.40 soon and provided their outlook to followers. The expected price rise indicates a possible boost of 39.34% from the market value that creates excitement for what XRP could achieve in the future.