Crypto Analyst CoinsKid Predicts XRP Price Could Rebound to $4

Crypto analyst CoinsKid has predicted that the XRP price could soon rally to $4, representing a new all-time high (ATH) for the altcoin. He warned that XRP bulls must hold the line to avoid a potential drop to as low as $1.64.

Analyst Insights

In a post on X, CoinsKid stated that the XRP price could rebound to $4 if it surpasses the local January 2025 high, which led to its current ATH of approximately $3.4. He suggested that XRP might exceed this $4 target during the upcoming bull run in the crypto market. However, he cautioned that XRP bulls must maintain their support to avoid a significant price correction.

CoinsKid emphasized that failing to hold the 20 Weighted Moving Average could trigger a deeper correction, potentially sending XRP to a target low of $1.64. He also discussed the current price action, noting that XRP is lacking a 5th wave following a bottom in July 2024. According to him, XRP has been undergoing a wave 4 irregular expanded flat ABC correction since December 2024. He indicated that despite XRP currently holding the 20 Weighted Moving Average as a sign of strength, bulls need to sustain this level to prevent a drop to $1.64.

He highlighted that the Relative Strength Index (RSI) and retail data pointed to a price correction back in December. Regarding potential catalysts for the price rebound to $4, CoinsKid mentioned that liquidity is flowing back into the market after leaving in December, as indicated by global money supply trends.

$5 Target Also Considered

Another crypto analyst, Dark Defender, predicted that XRP price could rally to as high as $5.85, although it may encounter strong resistance at $3.39, roughly its current all-time high. He identified $2.30 and $2.22 as key support levels that XRP should maintain to target this $5 milestone.

Dark Defender also mentioned that the primary correction phase for XRP’s price structure across weekly, daily, and 4-hour charts is over, suggesting further minor fluctuations but indicating that XRP is positioned for a bullish reversal. He noted that the altcoin has initiated a wave 1 with the goal of rallying to $5.

As of the latest update, XRP is trading at approximately $2.28, with an increase over the last 24 hours, based on data from CoinMarketCap.

![Featured image from Adobe Stock, chart from Tradingview.com]