XRP price prediction falls 42%, can we buy the dip? $2.30 becomes the last defense line for long positions.

XRP The price prediction is facing a critical moment, as Trump's tariffs have triggered panic in the market, causing XRP to fall 42% and once touch 1.77 USD. The technical analysis for XRP price prediction shows a breakdown of the symmetrical triangle, with an RSI of 35 indicating oversold conditions, and the support at 2.30-2.32 USD becoming the lifeline for long positions.

XRP price prediction suggests that if it holds, it will rebound to $2.70-$3.18. If it loses that level, it will test $2.02 or even $1.77. The year-end XRP price prediction target of $3.60 depends on the stability of the macro environment.

XRP big dump 42% sets the worst record of the week

XRP experienced one of the toughest weeks in history, plummeting 42% in a market sell-off triggered by global economic turmoil. This XRP price forecast drop occurred after the U.S. government announced a 100% tariff on Chinese goods, putting traditional and digital markets in distress. Investors rushed to sell off risk assets, with all major cryptocurrencies, including XRP, experiencing significant declines.

The token once hit 1.77 USD, then stabilized. Volatility is not new for cryptocurrencies, but this time the scale and speed of the price prediction fall for XRP indicate how closely digital assets are linked to macro and geopolitical events.

· Global markets crash simultaneously

This week's big dump reminds investors that cryptocurrencies are not immune to macroeconomic headwinds. XRP price predictions must take into account the correlation with global stock indices. Bitcoin, Ethereum, and XRP all fell in sync with global stock indices, further reinforcing their correlation with traditional markets.

Mainstream Coin Crash Data:

Bitcoin: down nearly 9%, falling towards the 110,000 USD mark

Ethereum: big dump over 12%, falling below $3,800

Solana: Recorded double-digit losses, reflecting risk aversion sentiment.

XRP is the worst: big dump of 42%, fall exceeds mainstream coins.

For XRP price predictions, tariff news triggered a massive liquidation wave, leading short-term traders to cut their positions. This resulted in XRP rapidly falling, breaking through multiple support levels, and offsetting weeks of consolidation. As the panic selling subsides, long-term investors are looking for new entry points, but the uncertainty surrounding XRP price predictions remains high.

XRP Price Prediction: Triangle Breakout Turns Bearish

(Source: Trading View)

XRP price prediction remains bearish as the structure of XRP has weakened after breaking below the symmetrical triangle that has been guiding the price trend since mid-July. Before this breakdown, XRP had repeatedly tested the upper boundary around $2.80 to $2.85, but all attempts ended in failure, with sellers entering the market in force in that area.

· Key technical indicators全面轉空

The bearish engulfing candlestick pattern on the daily chart confirms a decisive momentum reversal. XRP price prediction shows that XRP is currently trading below the 100-day moving average (2.63), which is a sign of short-term weakness. Meanwhile, the RSI is at 35, indicating that the market is in an oversold condition, but no significant bullish divergence has yet appeared, suggesting further downside risk for XRP price prediction.

XRP Price Prediction Technical Key Indicators:

Symmetrical triangle: turns into a bearish structure after breaking down

100 Day MA: $2.63 (has fallen below)

RSI value: 35 (Oversold but not bottomed out)

K-line pattern: bearish engulfing confirmation reversal

2.30 dollars becomes the last support for long positions

Recent K-line charts show that the lower shadow of XRP is relatively long, reflecting buying interest near the $2.30 to $2.32 range. This area is a key battleground for price predictions between long positions and shorts for XRP. If XRP rebounds from this level, price predictions for XRP may push it up to the resistance level of $2.70, which coincides with the lower boundary of the breakout triangle and the 100-day moving average.

Key Price Levels for XRP Price Prediction:

Current support: 2.30-2.32 USD (long lower shadow indicates buying pressure)

Rebound target: $2.70 (breakout triangle lower boundary + 100-day MA)

Advanced target: $3.18 (previous dense trading area)

Year-end target: $3.60 (requires improvement in the macro environment)

If this time the XRP price prediction rebound fails, the downward target is near the key Fibonacci support level of 2.02 dollars, as well as around 1.77 dollars, which may attract buyers again in the historical accumulation zone.

XRP Trading Setup and Risk Management

For traders, the technical setup for XRP price prediction is cautious but offers rich rewards. If the trading volume confirms, a continued rebound above $2.30 could be a short-term entry point for long positions, with the XRP price prediction target range being $2.70-3.18. If it fails to hold above $2.30, the XRP price prediction may open a decline to $2.02, maintaining a bearish tendency.

· Long positions scenario (Probability 45%)

XRP price prediction bullish conditions:

Hold the $2.30 support and see a big dump rebound.

Trump tariff tensions ease

XRP ETF approval progress clarified

Improvement in the macro environment boosts risk appetite

Target Price:

Short term: $2.70 (recapture 100 day MA)

Medium term: $3.18 (previous high resistance)

End of the year: $3.60 (optimistic scenario)

Trading Strategy: Buy in batches in the range of 2.30-2.35 USD, set stop loss at 2.20 USD, target 2.70-3.18 USD.

· Bearish Scenario (Probability 40%)

XRP Price Prediction Bearish Conditions:

fall below 2.30 USD support

Trump tariffs escalate further

Market panic spreads

The technical aspect has completely turned bearish.

Target Price:

First target: $2.02 (Fibonacci support)

Second target: $1.77 (this week's low, historical accumulation area)

Extreme scenario: below 1.50 USD

Trading strategy: If it falls below $2.30, wait and observe, and enter the market after confirming support at $2.02 or $1.77.

· Sideways Scenario (Probability 15%)

XRP price predictions may also consolidate in the range of $2.30-$2.70 for several weeks, waiting for the macro environment to clarify. In this case, a range trading strategy is suitable.

XRP long-term outlook remains optimistic

Despite recent volatility, the overall upward trend of XRP remains structurally intact. XRP price predictions suggest that the current pullback may be seen as a market reset, after which new institutional capital inflows and ecosystem development will reshape market confidence in late October.

If the macro environment stabilizes and investor sentiment improves, XRP price forecasts indicate that XRP may recover lost ground and could potentially retest the area of $3.18 to $3.60 before the end of the year.

XRP Price Forecast Long-term Support Factors:

Ripple Global Partnerships: Expansion in the Middle East, Southeast Asia, and Latin America

XRP ETF Expectations: If a spot ETF is launched, it will bring institutional funds.

Legal good news: Victory in the SEC lawsuit boosts confidence

Practical Application: The cross-border payment network continues to grow

The key to XRP price prediction lies in whether the current 42% big dump is short-term macro noise or a long-term trend reversal. From a technical perspective, as long as it holds above $2.30, the bullish structure of XRP price prediction remains intact.