XRP Shows Signs of Recovery After Drop; Up to $3,80?

• XRP shows signs of recovery.
• Technical analysis indicates high potential.
• Optimistic forecast for April.

After a sharp 22% drop in the price of XRP Between March 19 and March 31, some signs of recovery are being observed for the Ripple token. The cryptocurrency analyst known on X as CasiTrades highlighted, in a recent analysis, the latest movements of the cryptocurrency, suggesting a potential rise soon.

A notable point in XRP’s technical analysis is the bullish divergence observed in the Relative Strength Index (RSI) across multiple timeframes. According to the analyst, this divergence, which occurs when the asset’s price makes lower lows while the RSI makes higher lows, indicates that the bearish momentum is losing steam.

“Was this the bottom for XRP? After hitting the .786 retrace at $2,05, XRP is printing bullish divergences from the 15-min to the 4-hour chart. This is the kind of signal we want to see for both the short-term bottom and the macro! – the bounce is holding so far!”

🚨Was that the bottom for XRP? 👀
After reaching the .786 retracement at $2.05, #XRP is printing bullish divergences from the 15min all the way up to the 4hr chart. That's the kind of signal we want to see for both short-term bottom and macro! -the bounce is holding so far! 👀… pic.twitter.com/RHQhjx39mO

— CasiTrades 🔥 (@CasiTrades) March 31, 2025

The expert also highlighted in her technical analysis that these signals are very positive indicators, considering short-term recoveries and even possible macroeconomic recoveries, signaling a crucial moment for XRP.

“If we break above $2,25 with strong momentum, it would invalidate the need for another retest of support – a very bullish sign • $2,00–2,01 remains support if $2,05 fails to hold.”

Also on the occasion, CasiTrades projects an optimistic April for Ripple's native cryptocurrency, with price targets between $2,70 and $3,80 in the short term. The expectation is that once the price hits these targets, a major upward push could occur.

“We have now entered the Fibonacci 3 Time Zone, which projects the entire month of April for $XRP as a bullish window. Once the price hits its target, I expect a major push higher! Key resistance aligned at $2,70 and $3,80,” he added.

At the time of publication, the price of XRP was quoted at US$2,12, down 0.3% in the last 24 hours.