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A fresh XRP price outlook from a crypto analyst sheds light on the token’s recent drop below the $2 mark and what could shape its next move.
While XRP remains under pressure, the analysis suggests that the current decline could ultimately set the stage for a stronger recovery depending largely on Bitcoin’s next move.
XRP’s price action closely tied to Bitcoin’s retracement
As the broader crypto market continues to trend lower, market analyst Tara shared a new technical breakdown of XRP in a post on X. She explained that XRP appears to be undergoing a deeper pullback than Bitcoin, which is still working its way through a more gradual correction.
According to Tara, this imbalance between XRP and Bitcoin’s corrective phases could lead to choppy and irregular price action for XRP in the short term.
She pointed out that XRP recently hit the 0.382 Fibonacci retracement level around $1.95 after slipping below $2 last week. By contrast, Bitcoin has yet to reach a comparable Fibonacci level and is only about halfway through its retracement. This divergence, she noted, may temporarily disrupt XRP’s price behavior.
However, Tara added that if Bitcoin continues lower toward its own 0.382 retracement near $88,800, that move could eventually act as a catalyst for renewed strength in XRP.
Key downside levels to watch
In her analysis, Tara highlighted several important support zones that traders should keep an eye on. A break below $1.916, she said, could open the door to a short-term move toward $1.90, where lower-timeframe support is located.
She also warned that a deeper pullback toward $1.88 remains possible as long as XRP continues to trade below the $2 level.
On the upside, Tara identified $2 as a critical resistance area. Any attempt at recovery is likely to stall there unless Bitcoin begins to show signs of strength during its retracement.
Her chart shows XRP firmly in a downtrend on the 4-hour timeframe, with price remaining below short-term moving averages. Fibonacci levels highlight $1.95 as a completed retracement zone, while stronger support clusters between $1.90 and $1.88. Meanwhile, the RSI remains in the lower range, pointing to weak momentum but also hinting at the possibility of a short-term relief bounce if support holds.
Short-term upside capped below $2.30
Responding to questions from followers, Tara also shared her broader outlook for XRP.
She clarified that while $2 is key resistance in the short term, the true long-term barrier sits much higher — around $9. From current levels near $1.91, that would represent a gain of more than 370%.
That said, she emphasized that such a move is highly unlikely in the near future given XRP’s ongoing downtrend and overall market uncertainty. She also pushed back against claims that XRP could fall to $1 by December.
Instead, Tara offered a more measured outlook, suggesting that even a bullish move before year-end would likely top out around $2.30.
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