XRP is back in the spotlight as traders gear up for what could be a big month. According to a new breakdown by crypto analyst EGRAG CRYPTO, April might bring some serious price swings. He shared a chart and a detailed tweet showing how XRP price could move between key support and resistance levels in the weeks ahead. With the potential for sharp moves in both directions, a lot of eyes are on how this month’s candle plays out.
In his tweet, EGRAG laid out five main things to watch. He expects XRP price to dip down toward the $1.90–$1.79 zone but also sees a possible push up toward $2.80–$3.00. If that lower wick forms around $1.79, he says we could see a bounce that takes XRP up by as much as 70%.
He also mentioned we’re still stuck in what he calls the “boredom phase,” a period of slow sideways movement, but hints that could change fast if a breakout happens. The big idea? Expect wicks on both ends of the monthly candle, not necessarily solid close at those levels.
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What you'll learn 👉
XRP April Candle Structure and Key Levels
The chart posted by EGRAG shows a green monthly candle currently forming within a defined range. The lower area is marked around $1.79–$1.90, while the upper resistance lies between $2.80 and $3.00. According to the projection, price movement is expected to wick toward both ends, indicating high volatility.
Support levels identified include a dense green band around $1.60–$1.70. The area near $1.79 has been marked as a possible lower wick region. Deeper zones at $1.39 and $1.24 remain as historical supports. On the resistance side, the chart indicates $2.05 as a near-term level that must be surpassed to confirm a bullish continuation. The highest projected level is $3.00, representing a zone where the price of XRP could peak during the expected wick.
Expected Volatility and XRP Price Action Forecast
The forecast includes a projected 62–70% move from the lower wick, which would place XRP price around the $2.90 level. Such a move is visually supported by an upward arrow on the chart. While these movements are not guaranteed to hold, the forecast suggests that traders should be prepared for sharp intraday or intraweek swings.
The sideways trend seen in February and March is interpreted as consolidation. This structure may support a setup for the kind of wide price action being projected for April. Historical candle formations show similar setups where wicking activity precedes stronger directional moves in the following months.
#XRP – April Candle Formation Forecast
— EGRAG CRYPTO (@egragcrypto) April 2, 2025
April is shaping up to be a dynamic month where we’ll see tests at both ends of the range. Here's what to expect:
1⃣ Lows Testing: #XRP will likely revisit the lows around $1.90-$1.79—this will be a wicking process.
2⃣ Highs Testing:… pic.twitter.com/6RqfsLX5OS
Technical Context and XRP Market Structure
EGRAG’s chart analysis uses a combination of horizontal zones and projected candle bodies to visualize potential price ranges. The resistance at $2.05 appears to be a decision point for any continued momentum. Should XRP close above that level, the price could extend to test $2.80 or even $3.00.
The lower zone near $1.79 is expected to act as a wick area rather than a firm close. Buyers have historically entered around this range, making it a strategic level for accumulation during high volatility phases.
The tweet and chart create a framework in which XRP price could experience downward and upward pressure within a single monthly candle. The range forecast allows for short-term retracement before any move toward higher levels. Traders and investors observing this formation may look to these technical levels for confirmation of future price direction.
EGRAG CRYPTO’s analysis has gained attention on X, with many in the XRP community watching closely for a break from the prolonged consolidation phase. As April unfolds, the projected levels of $1.79 and $3.00 remain in focus.
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