{"id":3962,"date":"2025-04-09T04:11:10","date_gmt":"2025-04-09T04:11:10","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-april-target-of-8-to-13-still-stands-says-crypto-analyst\/"},"modified":"2025-04-09T04:11:10","modified_gmt":"2025-04-09T04:11:10","slug":"xrp-april-target-of-8-to-13-still-stands-says-crypto-analyst","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-april-target-of-8-to-13-still-stands-says-crypto-analyst\/","title":{"rendered":"XRP April Target Of $8 To $13 \u2018Still Stands,\u2019 Says Crypto Analyst"},"content":{"rendered":"

Crypto analyst CasiTrades (@CasiTrades) published a new XRP analysis<\/a>, highlighting yesterday\u2019s intraday plunge to about $1.61 after the widely watched $1.90 level gave way. \u201cOvernight we saw $1.90 break down, and price flushed to around $1.61,\u201d the analyst commented via X, pointing out that this sudden drop produced \u201cnew extremes on the RSI across the market\u201d and came within striking distance of a previously identified support zone.<\/p>\n

XRP To Hit $13 In April?<\/h2>\n

Since the crash on Monday, XRP has rebounded significantly, but the analyst now views $1.90 as \u201cmajor resistance at this point\u201d and underscores that the breakdown of the 0.5 Fibonacci retracement near $1.90, while disappointing for bulls, may still be consistent with a larger corrective scenario.<\/p>\n

The chart itself reveals an ongoing corrective Wave 2, as CasiTrades maintains: \u201cI\u2019ve believed for a while we were in a macro Wave 2.\u201d He emphasizes that the breach of the $1.90 support level confirms that corrective pattern \u201cmore than it invalidates anything.\u201d Below $1.90, the next crucial pivot, according to the chart, is the \u201cgolden .618 retracement,\u201d flagged at about $1.55.<\/p>\n

\"xrp<\/p>\n

This area is part of a broader green support band that stretches from approximately $1.45 (the .65 retracement) up toward $1.55 (the .618 retracement). CasiTrades suggests that the price action arriving in this zone might well be the turning point that sets XRP on a path to higher ground. \u201cIt\u2019s exactly what sets up the kind of Wave 3 that breaks through ATHs,\u201d she said, while also noting, \u201cThe next wave should easily break those resistances. Be prepared for this to happen very fast.\u201d<\/p>\n

The relative strength index on CasiTrades\u2019 chart shows XRP reaching extreme oversold territory amid yesterday\u2019s crash, having dropped below 20 before recovering to the low 40s. That bounce, which aligned with price returning from $1.61 toward the $1.90 region, underscores the significance of the short-term retracement.<\/p>\n

Yet the analyst maintains that any definitive bullish confirmation now hinges on whether XRP can stabilize around $1.55 if it continues to slide. \u201cIf we do bottom near $1.55, it actually strengthens the bullish case for those big April targets\u2014$8 to $13 still stands,\u201d CasiTrades wrote, reiterating her belief that a successful Wave 3 extension above prior highs could generate a rapid climb into the multi-dollar range.<\/p>\n

Resistance at $1.90 remains front and center for traders in the immediate term, with CasiTrades remarking that \u201c$1.90 \u2013 resistance test \u2013 happening now.\u201d She believes that if price fails to hold above that threshold on any retest, XRP will likely continue its descent toward the $1.55 mark.<\/p>\n

From there, the chart suggests a potential wave reversal that, if confirmed, could deliver one of the more important breakouts of this cycle. \u201cI still believe this could be one of the most important months XRP prints this cycle,\u201d CasiTrades added, underscoring the high stakes surrounding the 0.618 Fib level bear $1.55 and the possibility of a new bullish impulse forming in the near future.<\/p>\n

Whether XRP can regroup and power through the $1.90 ceiling after dipping to the golden pocket remains the central question. At press time, XRP traded at $1.86.<\/p>\n

\"XRP<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst CasiTrades (@CasiTrades) published a new XRP analysis, highlighting yesterday\u2019s intraday plunge to about $1.61 after the widely watched $1.90 level gave way. \u201cOvernight we saw $1.90 break down, and price flushed to around $1.61,\u201d the analyst commented via X, pointing out that this sudden drop produced \u201cnew extremes on the RSI across the…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361],"tags":[150,326,327,362,2158,2159,2160],"class_list":["post-3962","post","type-post","status-publish","format-standard","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-price-prediction-april","tag-xrp-price-prediction-april-2025","tag-xrp-price-target"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=3962"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3962\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=3962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=3962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=3962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}