XRP Price Prediction for April Reveals Potential 62-70% Rally

Crypto analyst Egrag (@egragcrypto) presents an XRP price prediction for April, indicating the market is in a "boredom phase." His technical analysis identifies key price levels that may influence XRP's movement this month.

XRP Price Prediction For April

Egrag's chart indicates potential price volatility, with both upper and lower bounds likely to be "wick-tested."
A downside wick could see XRP drop to the $1.90–$1.79 range but is expected to be temporary.
An upward spike towards $2.80–$3.00 is also possible, characterized as a brief probe into higher pricing.
A potential rally of 62–70% from the lowest point of the downside wick could occur if certain technical thresholds are surpassed.
Price notations around $2 suggest XRP may fluctuate near this level before a significant price increase.
Egrag observes frustration among traders due to lackluster post-SEC-case performance, contributing to the current range-bound conditions.
He advises long-term holders to accumulate during this period rather than trying to time short-term trades.

As of now, XRP is trading at $2.1465.