{"id":19955,"date":"2025-03-24T15:00:36","date_gmt":"2025-03-24T15:00:36","guid":{"rendered":"https:\/\/cryptd.in\/xrp-price-could-suffer-april-flash-crash-analyst-shows-how-low-it-could-go\/"},"modified":"2025-03-24T15:00:36","modified_gmt":"2025-03-24T15:00:36","slug":"xrp-price-could-suffer-april-flash-crash-analyst-shows-how-low-it-could-go","status":"publish","type":"post","link":"https:\/\/cryptd.in\/ja\/xrp-price-could-suffer-april-flash-crash-analyst-shows-how-low-it-could-go\/","title":{"rendered":"XRP Price Could Suffer April Flash Crash, Analyst Shows How Low It Could Go"},"content":{"rendered":"

The XRP price has been consolidating<\/a> for an extended period after its previous rally. However, a crypto analyst warns that the cryptocurrency could face a flash crash<\/a> in April, potentially driving its price to new lows. Despite this, the analyst anticipated that the downturn may be short-lived, predicting a rebound shortly after.\u00a0<\/p>\n

MetaShackle, a crypto analyst on TradingView, has shared a chart presenting an Elliott Wave-based analysis<\/a> of XRP\u2019s price movements. The analyst has also used technical levels such as Fair Value Gaps (FVGs), liquidity zones, and trendlines to determine XRP\u2019s next price action<\/a>.<\/p>\n

XRP Price False Breakout Ahead Of Flash Crash<\/h2>\n

According to MetaShackle\u2019s analysis<\/a>, XRP may be heading for a false breakout<\/a> in the coming weeks, followed by a sudden flash crash that could liquidate overleveraged traders. While this deep correction could shake out weak hands, the analyst also outlines a path for a massive rally later in the Second Quarter (Q2) of 2025, potentially pushing XRP to a new all-time high<\/a>.\u00a0<\/p>\n

The XRP price chart follows an advanced 6-wave pattern, with a potential 7th-wave breakout. XRP is currently in Wave 4 of a larger cycle. While Waves 1 to 3 represented a strong upward move, Wave 4 triggered a major correction for the XRP price<\/a>. If Wave 4 is completed, the cryptocurrency\u2019s price could push higher into Wave 5, reaching $2.80 \u2013 $3.00, where an FVG awaits. This move would create a false breakout, taking out liquidity above recent highs.\u00a0<\/p>\n

\"XRP\"<\/p>\n

After the projected false breakout, XRP is expected to experience a flash crash in Wave 6 by April 2025. This flash crash will likely hold above the lower white trendline after breaking the upper trendline and targeting the green target area between $1.6 and $1.4 $highlighted by the chart.\u00a0<\/p>\n

The flash crash in April is a theoretical move in which the XRP price retraces sharply before a real breakout. This breakout is expected to start in Wave 7, potentially leading to a price discovery<\/a> for XRP and reaching a likely target of $3.00 before skyrocketing to new highs above $3.6.<\/p>\n

Notably, the analyst predicts that Wave 7 will begin in May 2025. The breakout is anticipated to take out previous all-time highs for the altcoin, surpassing its $3.84 price record<\/a> in 2018.<\/p>\n

Update On Price Analysis<\/h2>\n

The XRP price is now trading at $2.44 after increasing by 4.56% in the past week. Despite a sharp price crash<\/a> from its $3.00 high earlier this year, the cryptocurrency remains resilient, and analysts are closely watching its next move.\u00a0<\/p>\n

Notably, analysts continue to take a bullish stance on the XRP price outlook<\/a>, predicting a potential breakout in the short term. An X (formerly Twitter) market expert, identified as \u2018Steph Is Crypto,\u2019 forecasts<\/a> that the asset could surge to $3.4 soon, marking a 39.34% jump from its market price.<\/p>\n

\"XRP\"<\/p>","protected":false},"excerpt":{"rendered":"

The XRP price has been consolidating for an extended period after its previous rally. However, a crypto analyst warns that the cryptocurrency could face a flash crash in April, potentially driving its price to new lows. Despite this, the analyst anticipated that the downturn may be short-lived, predicting a rebound shortly after.\u00a0 MetaShackle, a crypto analyst on TradingView, has shared a chart presenting an Elliott Wave-based analysis of XRP\u2019s price movements. The analyst has also used technical levels such as Fair Value Gaps (FVGs), liquidity zones, and trendlines to determine XRP\u2019s next price action. XRP Price False Breakout Ahead Of Flash Crash According to MetaShackle\u2019s analysis, XRP may be heading […]<\/p>\n","protected":false},"author":1,"featured_media":19957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-19955","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nXRP Price Could Suffer April Flash Crash, Analyst Shows How Low It Could Go - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/ja\/xrp-price-could-suffer-april-flash-crash-analyst-shows-how-low-it-could-go\/\" \/>\n<meta property=\"og:locale\" content=\"ja_JP\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP Price Could Suffer April Flash Crash, Analyst Shows How Low It Could Go - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The XRP price has been consolidating for an extended period after its previous rally. 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