Analysts Predict XRP Price to Drop Again, Can XRP Hold Its Key Support?

XRP has faced renewed pressure in early June 2025, with analysts warning of another pullback that could test key support levels. Despite recent bullish attempts, the market seems unsure about XRP’s short-term direction, and investors are asking: Can XRP hold the line, or is another leg down coming? 📉 XRP’s Technical Setup Looks Fragile As of June 4, XRP is trading around $0.49–$0.51, hovering dangerously close to a critical support zone near $0.48. Multiple analysts, including respected trader Mikybull Crypto, have pointed out that: XRP is forming lower highs on the daily chart,The RSI shows bearish divergence, andVolume is declining, suggesting weakening bullish momentum. “If XRP loses the $0.48–$0.46 support, we could see a quick drop toward $0.42,” Mikybull tweeted. 🛡️ Key Support Zone: $0.46–$0.48 This zone has acted as a launchpad for previous bounces in Q1 2025. Why does it matter? It’s aligned with historical accumulation zones It coincides with the 200-day EMA, a critical long-term trend indicator A breakdown below this level may trigger stop-loss cascades “Whales are closely watching the $0.48 level. A breakdown could accelerate sell pressure,” said analyst Crypto Tony. 🐋 On-Chain: Mixed Whale Signals On-chain data shows: Exchange inflows of XRP have risen slightly, a potential warning sign. Whale wallets (holding 10M+ XRP) have remained largely neutral, not showing clear signs of either dumping or accumulating. Translation: whales are waiting, and so is the market. 🧠 The Bigger Picture While short-term sentiment is cautious, long-term holders remain unfazed. XRP still benefits from: Ongoing developments in the Ripple vs SEC case, with a final resolution expected in late 2025 Growing real-world usage, especially in cross-border payment corridors Speculation over a potential spot XRP ETF, though still unconfirmed 📊 What Traders Should Watch To determine if XRP is ready to bounce or fall further, watch for: A clean break above $0.52 — a short-term bullish signalA breakdown below $0.46 — likely triggers deeper correction to $0.42 or lowerOn-chain whale activity — especially inflows to exchanges 🔚 Conclusion Analysts are waving caution flags as XRP approaches a do-or-die support level. While long-term fundamentals remain intact, short-term price action looks shaky. For now, $0.46–$0.48 is the line in the sand. Lose it, and XRP may revisit early 2024 lows. Hold it, and XRP could still mount a summer breakout. 🔐 Disclaimer This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high level of risk and volatility. Always conduct your own research (DYOR) and consult a professional financial advisor before making any investment decisions.