Is XRP price going to crash again?

Key takeaways:

• XRP trades over 120% above its realized value, flashing heightened correction threat.
• A rising wedge breakdown on the 4H chart may ship XRP towards $1.89 by mid-Could.
• Weekly falling wedge sample and 50-week EMA assist counsel a doable 25% restoration to $2.92 by June.

XRP (XRP) value has rebounded by over 40% within the final three weeks to achieve over $2.28 on April 29, nevertheless it’s nonetheless buying and selling over 30% beneath its native excessive of $3.39.

Will XRP’s value maintain the restoration or drop additional within the coming days?

XRP’s rising wedge flashes selloff dangers

XRP is exhibiting indicators of a possible breakdown as a rising wedge sample types on its 4-hour chart, elevating the chance of a pointy short-term correction.

As of April 29, XRP trades round $2.29, hovering close to the wedge’s higher resistance. The sample, outlined by converging upward-sloping trendlines, sometimes indicators weakening bullish momentum and a possible development reversal.

A confirmed breakdown beneath the wedge’s decrease assist may push XRP towards $1.89, down about 17% from present ranges, by mid-Could.

Supporting the bearish outlook is XRP’s relative strength index (RSI), which sits close to 60, indicating that it’s approaching overbought territory, which can result in profit-taking by merchants.

XRP realized value is close to $1

XRP’s present realized price (aggregated) of $1.02 represents the typical acquisition value of all circulating tokens. It serves as a key indicator of market sentiment, serving to to determine intervals of overvaluation or undervaluation.

As of April 29, XRP was buying and selling round $2.28, greater than 120% above its realized value. Traditionally, when XRP trades far above its realized value, it tends to mirror speculative euphoria and elevated threat.

In early 2018 and mid 2021, enormous divergences between XRP’s spot and realized value preceded sharp corrections towards the realized value goal, as proven above. In 2025, the hole between spot and realized value has elevated equally.

If bullish momentum weakens, XRP might face elevated promoting strain, probably retracing towards the realized value degree close to $1.02, down by over 50% from the present value ranges.

XRP falling wedge may save the bulls

XRP is flashing indicators of bullish continuation because it holds firmly above its 50-week exponential transferring common (EMA) close to $1.67, a degree that acted as resistance all through the 2022–2024 bear cycle and is now serving as robust assist.

Moreover, XRP is forming a basic falling wedge sample on the week chart, a construction usually related to bullish reversal breakouts.

The tightening value vary suggests declining promoting strain, with a possible breakout looming if bulls handle to push value above the wedge’s higher trendline.

Associated: XRP futures open interest surges by 32% — Are traders bullish or bearish?

A profitable breakout may goal the $2.92 degree by June, marking a 25% rally from the present value. Supporting this outlook, the RSI has bounced from the midline, indicating a possible return of shopping for momentum.

This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.