Despite market uncertainty and a turbulent start to April, some popular crypto analysts remain optimistic about XRP’s long-term potential, even in bearish conditions.
One such voice is Doctor Cat, a widely followed market analyst, who has set a minimum price target of $4.50 for XRP, calling it a “worst-case scenario.”
“For everyone asking, although it should be clear already; $4.5 remains the minimum target for $XRP,” he tweeted on Tuesday.
According to him, “assuming the worst-case scenario that indeed the bull run is over for Bitcoin,” and it only reaches a dead cat bounce around the mid-$80K range, XRP could still reach $4.50. This projection stems from a confluence of technical factors, including the XRP/BTC ratio and the 1.618 Fibonacci extension from the last drop, assuming the current bottom holds.
The analyst, however, noted that a daily close below $1.69 on the 2-day Ichimoku cloud (Kumo) could invalidate the setup. But for now, he estimates a 50% chance that XRP has already bottomed, based on time cycle analysis.
Meanwhile, analyst Egrag Crypto echoed the bullish outlook, stressing his “Kangaroo Pattern” and pointing to a historic Bullish Cross on the XRP/BTC chart involving the 55 EMA and 155 MA indicators.
According to Egrag, the last time this bullish cross happened, in May 2017, XRP exploded by over 950%. A similar setup occurred again on February 17, 2025, which he believes could be the launchpad for a major rally. Using different Bitcoin price scenarios, he forecasted that if BTC hits $130K–$170K, XRP could soar to $22–$29.
“I know what you’re thinking: after yesterday’s bloody day, and you’re still talking about double digits for XRP? My response to you is a resounding YES,” Egrag stated.
However, not all indicators are rosy in the short term. Analysts at Glassnode issued a cautionary note, highlighting signs of vulnerability. Notably, during XRP’s February rally, its Realized Cap nearly doubled from $30.1 billion to $64.2 billion, largely driven by retail investors. But that momentum has cooled, and XRP’s Profit/Loss Ratio has been in steady decline since January.
The analysts warned that this rapid influx of retail capital has led to a concentration of holders with elevated cost bases. “With wealth concentrated in new hands, conditions appear increasingly top-heavy and vulnerable,” they noted.
Elsewhere, technical analysts are closely watching the critical $2 resistance level, now seen as a pivotal threshold. A decisive breakout above this zone could invalidate a potential head-and-shoulders pattern and catalyze a full-scale bullish transition.
