The XRP situation in the crypto market is still very close to point zero and popular analysts are differing their XRP price prediction. Well-known analyst Peter Brandt believes XRP will probably hit support at $2 and then sink towards $1.07.

Brandt used his X account to show a typical head-and-shoulders formation that emerged on XRP”s price graph. His analysis shows XRP stays in its trading zone but when $1.90 support breaks, investors should expect steep price drops to $1.07. His graph shows that losing this essential support line will bring XRP prices down fast.

XRP’s Rectangle Pattern Signals Bullish Breakout

Based on data from analyst CasiTrades, the price of XRP can fall to 1.54 when support levels at 2.25 USD and 1.90 USD break. Given the ongoing support at $2.25, she believes this downward scenario has small chances of happening.

Despite market predictions, crypto analyst Ali Martinez provided a positive perspective on the market. His research showed that if XRP breaks through $3, its bearish head-and-shoulders pattern will transform into an upward trend.

The chart shows that a bearish trend might drop prices to $1.25, but also demonstrates that $2 will stay as a crucial support foundation.

XRP Head-and-Shoulders Pattern Revealed by Analyst Peter Brandt

The analyst Dark Defender illustrated an optimistic price prediction for the market. The market analyst sees a price target of $23.20 for XRP because a three-month uptrend keeps gaining strength. Dark Defender sees XRP going up from $5.85 to $8.07 during its third surge, then pegs full fifth wave value between $18.22 and $23.20.

The analyst”s trend analysis shows a strong upward movement despite daily market swings. The rectangle formation on XRP indicates a potential end to the consolidation period followed by increased valuation.

XRP trades at $2.25 in the market and has lost 4% in the last 24 hours, says data from CoinMarketCap. Market analysts have different predictions about XRP, which keeps traders following key buying and selling zones.

XRP Head-and-Shoulders Pattern Revealed by Analyst Peter Brandt

XRP”s future direction depends on whether it can push through important market walls effectively or if selling momentum will slow it down. Investors and traders track XRP movements to understand if market players shift from negative to positive market pressures.

See also: XRP Targets $8–$10 as Analysts Cite Market Momentum