XRP Price Prediction Mar 30: Holding $2.10 Support Crucial
The post XRP Price Prediction Mar 30: Holding $2.10 Support Crucial appeared on BitcoinEthereumNews.com.
XRP price dips ~6% to ~$2.13, falls below key 20-day EMA support level Bitwise offers 2025 scenarios: $4.48 bullish (tokenization) vs $1.82 bearish Analyst TehThomas sees ‘Golden Pocket’ Fib support, potential bounce to $2.80+ XRP is the focus of discussion, particularly following the SEC officially dropping its lawsuit against fintech firm Ripple regarding past XRP sales. However, this major regulatory development hasn’t yet produced the significant price surge many anticipated for XRP itself. The token currently trades around $2.13, marking a 6% drop in 24 hours, according to CoinMarketCap. After reaching a weekly high near $2.50, XRP faced a sharp correction, losing support at the 20-day Exponential Moving Average (EMA) around $2.17. This price action sparks debate on whether XRP is headed for a deeper fall or positioning for a major rebound. Bitwise 2025 Scenarios: Tokenization Boom vs. Institutional Lag? Investment firm Bitwise recently released a report exploring potential price paths for XRP through the end of 2025. Their analysis suggests outcomes depend heavily on XRP’s adoption momentum, particularly for payments and within the broader digital asset tokenization market (projected by some to reach nearly $11 trillion by 2030). In Bitwise’s bullish scenario, XRP could reach $4.48 by year-end 2025, assuming it captures even a small percentage of this expanding market. A steadier growth outlook in their analysis projects $3.90 for XRP, assuming consistent growth in related payment services (like those offered by Ripple). Conversely, Bitwise stated a bearish scenario occurs if XRP fails to gain significant institutional backing, potentially seeing the price drop to $1.82 in that case. Related: XRP’s $2.22 Support Test: Make-or-Break Level for a Bullish $15 Scenario Chart Analyst Sees Bullish Pattern: XRP in ‘Golden Pocket’? Offering a contrasting, potentially more near-term bullish technical view, TradingView analyst “TehThomas” presented a different setup for XRP. He notes…
Filed under: News - @ March 29, 2025 12:26 pm