A cryptocurrency analyst and trader is leaning bullish on XRP (XRP) as the fourth-largest crypto asset by market cap hovers around 40% below the 2025 high of about $3.40.
The analyst pseudonymously known as Credible Crypto tells his 69,300 YouTube subscribers that XRP is currently in a consolidation phase.
“XRP has been one of the strongest crypto assets since November in terms of returns on investment (ROI), in terms of gains…
…XRP in my opinion is clearly a market leader here. And we are consolidating, we are correcting right now after hitting a high of $3.40. And I’ve said many times that in my opinion, this consolidation, this correction is simply a pause before the next massive leg to the upside.”
According to the pseudonymous analyst, XRP could, however, plummet further before a bullish reversal.
“I think that we’re going to see a move below these range lows at $1.80. We could go as low as the green area of demand here, which is between $1.30 to $1.60. How low we go into that, or how deep we go into that, whether we even test it at all is unknown. But the minimum target is the range lows [around $1.30] and then we should see a reversal back to the upside for the next leg to the upside.”
The pseudonymous analyst further says,
“But the point here is that XRP is incredibly, incredibly strong. And yes, it is correcting. And in the immediate short term, I think it’s going to be a little bit weak as it moves down about 20% to the downside. So we are expecting some weakness on XRP, but only around 20% to 30% of weakness.”
XRP is trading at $2.02 at time of writing.
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