XRP Stumbles—But Analysts Still See A Path To $70

Analysts remained optimistic about XRP’s potential price surge, predicting that the crypto will pass the critical test and hit somewhere between $33 and $70 despite the setbacks that it is facing lately.

Market observers expressed their confidence in the capability of XRP to bounce back amid the decline in its trading volume wherein investors saw a 20% drop.

XRP Faces Setbacks

Reports said that the altcoin is currently facing some challenges to regain momentum for a bullish run as its price and trading volume went on a downward trend.

As of writing, XRP is being traded at $2.33, down by 0.1% in the past 24 hours, which is higher than the $2.29 recorded on March 16.

On the brighter side, XRP showed some resilience despite the current near-term pressures after posting a 9% increase in the past week.

Many analysts have mixed opinions on the price movement of XRP because of these figures. However, some market observers maintained a positive outlook on the long-term of the crypto despite its near-term struggles.

#XRP – Today’s Price Action Analysis

The Blue Channel is providing a clear indication of #XRP‘s next move.

I’ve noted that the equilibrium has been established and is resting on the lower edge of the Blue Channel, making a mini bounce quite apparent In the below previous post.… https://t.co/W3FaTyEkSA pic.twitter.com/SSNxBAY2A5

— EGRAG CRYPTO (@egragcrypto) March 15, 2025

Can XRP Hit $70?

One of the crypto analysts who remained confident on XRP is Egrag Crypto, who made a bold prediction on a possible surge. He said that XRP is operating on a cycle that might result in huge price levels in the future.

Egrag Crypto believes that XRP could potentially hit anywhere from $33 to $70 in the upcoming months, putting into consideration both its short-term volatility and long-term potential.

“I’ve been closely analyzing the strength of Wave 1 across various crypto charts, and after reviewing multiple projects, I’ve noticed a compelling pattern in #XRP that could signal a potential cycle top,” the analyst explained in a post.

The crypto analyst expressed confidence in the percentage formulas he used to determine XRP’s price direction, adding that he identified two main targets: Stick 2 and Stick 3, which pertain to $33 and $70.

#XRP – 3rd Stick Post ($33 – $70)