XRP Price Recovery Is Possible If It Reclaims This Ichimoku Base

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The XRP price may be preparing for a long-overdue recovery , as a crypto analyst has just highlighted a critical area that could flip the cryptocurrency’s downward momentum into a bullish one. According to the market expert, XRP must reclaim the Ichimoku Base before it can resume its upside to new levels. XRP Price Recovery To Resume Above Ichimoku Base Market analyst Xaif Crypto took to X this Thursday to deliver a fresh weekly update on XRP as the cryptocurrency enters a pivotal technical area after months of downside pressure . The accompanying chart shows price retreating from a prior peak in late 2024 and sliding back into a clearly marked demand zone in the blue box. Related Reading XRP Price Recovery Is Possible If It Reclaims This Ichimoku Base Just now According to the analyst, the recent retreat follows a clear downtrend, with lower highs pushing price back toward a previous consolidation zone. This blue-box area represents the main battleground, as prior trading activity built a base that could act as support if XRP revisits that level. So far, XRP appears to be stabilizing within this demand zone. Candles on the chart show hesitation and reduced selling pressure. The chart also draws attention to an Ichimoku structure , with XRP attempting to reclaim its Ichimoku Base. According to Xaif Crypto, this base will determine XRP’s next big move. Source: Chart from Xaif Crypto on X The analyst has suggested that reclaiming this level could signal a potential shift in market sentiment . He disclosed that a strong close above it could favor upside continuation, weakening the ongoing downtrend and giving buyers more room to target upper resistance levels. Conversely, Xaif Crypto predicts that a break below the Ichimoku Base would likely lead to a deeper correction for XRP , as support would be lost and selling could accelerate. For now, XRP sits at a make-or-break level that could decide whether it recovers from its current slump. Xaif Crypto’s chart has outlined potential targets if the cryptocurrency manages to reclaim and hold above the Ichimoku Base. Currently hovering around $1.95, XRP faces potential bullish targets at $2.09, $2.20, $2.31, and $2.45. The analyst has also highlighted that traders and investors should closely watch the weekly close for confirmation of a sustained recovery. Analyst Says XRP Is Planning A Major Reversal Despite dropping below $2 earlier this week, analysts remain optimistic about XRP’s price outlook . According to market expert Crypto GVR, XRP could be attempting a major price reversal from the $1-$1.5 range. Based on his chart analysis, the analyst predicts that XRP could decline first from its current price around $1.95 to roughly $1.13 before rebounding sharply to new highs. Related Reading XRP Price Could Surge Another 30% If This Trend Is Confirmed 4 days ago He has set a bullish target at $3.25. marking the next upside for XRP. If XRP were to crash to $1.13 and then surge to $3.25, this would represent a staggering 187% increase in value. XRP trading at $1.91 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com