According to recent chart analysis by market expert Dark Defender, XRP’s actual price movements have notably diverged from earlier forecasts. Initially, technical projections showed XRP poised for a climb from the $1.90 mark to reach a target of $2.222, but recent market activity has painted a different reality.
The charts from April 9 anticipated a bullish scenario, highlighting oversold conditions indicated by the RSI (Relative Strength Index). This set an expectation of a rebound leading to the projected price level of $2.222.
However, by April 11, XRP faced resistance, significantly deviating from the bullish expectations analysts had earlier laid out.
Analytical charts during April 14 revealed important supporting zones at lower levels. This marked a considerable shift from previous optimistic predictions. Analysts revised their predictions to show bearish continuation patterns after they realized the deviation from their initial forecast.
Also Read: XRP Price Holds at $2.16 as Ripple Prepares for Official Settlement Statement in SEC Case
Further analysis on April 16 provided a clearer view of the price movements, with charts highlighting a bearish Elliott wave structure. Technical indicators from the data showed the cryptocurrency faced insurmountable challenges to achieve positive price movement thus validating the bears’ outlook of sustained negative pressure.
#XRP projections vs. the reality.
1. We were expecting $2.222 from $1.90 levels
2. We were ready with the bounce at $2.222
3. We were ready with the 5th wave towards $2.04 firstYou can find the comparison between 9 and 16 April.
Join me on Patreon, it will be the best… pic.twitter.com/w70JbWXrOf
— Dark Defender (@DefendDark) April 16, 2025
Key Market Shift
Significantly, mid-week chart examinations revealed a turning point in XRP’s price trend. XRP consistently struggled to maintain momentum above important resistance levels previously outlined by technical analysts.
Consequently, predictions were revised from initially bullish waves targeting $2.04 to acknowledging further downward price movements toward lower support levels.
Technical indicators from the Relative Strength Index showed decreasing demand, which supported professionals who expected XRP to maintain its bearish direction through upcoming periods. Several failed attempts to reach higher price points strengthened these technical indicators that showed continued bearish market sentiment.
Market data indicates XRP trading and investment will likely face significant adversities at present. Reality contradicts initial forecasts by creating a much bearish market environment, which led experts to make extensive changes to their technical market predictions.
XRP traders need to track how support and resistance areas develop during upcoming price periods. Understanding technical indicators remains essential for predicting XRP’s future price changes because of the significant difference between initial bullish predictions and current market bearish conditions.
At the time of writing, XRP was exchanging hands at 2.07, which is a drop of 4.57%
Also Read: Here’s Why Ripple and SEC Requested to Halt Appeal Process, A Strategic Move?
