With an ascending expanding wedge pattern suggesting a 70% fall or 700% boom, the price of XRP looks to be at a turning point.
According to a leading analyst, the price of Ripple (XRP) is at a crossroads and may drop by 70% or rise by 700%. This conflicting prediction comes as the continuing trade war between the US and China is causing macroeconomic instability that threatens Bitcoin and the majority of altcoins.
Wedge pattern places XRP price at a crossroads.
According to expert EGRAG CRYPTO, the price of XRP has developed an upward-spreading wedge pattern. But it’s still unclear which way the wedge breakout will go.
According to EGRAG’s research, XRP has to close above the $3.50 price level in order to have a strong bullish breakout from this wedge formation. By doing this, it would begin to rise near the $5 area, where it is probably going to be rejected.
The price of ripple might rise to double digits in a matter of weeks if it sees rises and closes decisively over $5. This altcoin will show a 700% spike to 417, according to the study.
But there are still obstacles in the way of this optimistic assumption. According to analyst EGRAG, the likelihood of this breakthrough happening was only 30%. In the meanwhile, there is a 70% possibility that XRP will break out of this pattern in a negative manner, which would lead to a 70% collapse to $0.65.
With no obvious path for a breakthrough, XRP is at a crossroads, according to our mixed XRP price prediction. The upward momentum to $17 will be supported, though, if there is a bullish trigger, such as a spot ETF registration by BlackRock and the US Treasury citing XRP as part of a digital asset stockpile.
XRP short liquidations hit 2-week high
The price of XRP is currently at $2.13, up 3.3% in a day. Short liquidations have increased as a result of these gains. According to Coinglass data, short liquidations of XRP have increased to $7.3M in the past day, the largest level in over two weeks.
Short sellers’ positions are closed by purchasing the asset when they are liquidated. Consequently, these short liquidations are the cause of the price increases for ripple and have the potential to quicken the upward trend, which will raise the cryptocurrency.
Funding rates have also changed as a result of these liquidations. Funding rates for XRP have been quite negative over the past two days, suggesting that traders initiated short positions whenever the price got close to the crucial $2 support level. These traders, however, are now long XRP in anticipation of a price rebound following the recent advances.
In conclusion, the price of XRP appears to be reaching a turning point. Ripple may go toward $17 if purchasing pressure and Ripple whale activities increase. However, a drop below $0.65 might occur if levels are not maintained above $2.
Bitcoin holds steady amid stock market crash, says Unchained analyst
Bitcoin has demonstrated some durability as the stock market drops as a result of U.S. tariffs on the majority of its trade partners. An Unchained expert explains why.
The performance of US equities has been among the poorest in recent years. However, according to Joe Burnett, Director of Market Research at the cryptocurrency finance company Unchained, Bitcoin (BTC) demonstrated considerable resiliency, which is fantastic news for institutional investing.
Trump’s tariffs are here, U.S. equities are crashing, and China is retaliating.
Now may be one of the best times to build a meaningful bitcoin position.
Not financial advice. pic.twitter.com/Rf9Z01wrHM
— Joe Burnett, MSBA (@IIICapital) April 4, 2025
The Dow Jones Industrial Average fell 1,679 points on Thursday and more than 2,200 points on April 4. A lot of equities investors were nervous over the weekend since this was the worst two-day performance in history.
Bitcoin, on the other hand, shown comparatively strong durability, even beginning to rebound, and recorded a 2.2% increase over the previous day. According to Burnett, this is a recurrence of the trend from 2020, when the market recovered mostly due to Bitcoin prices.
Recalling March 2020, bitcoin rapidly bottomed and recovered first (before U.S. equities), a pattern potentially repeating today as bitcoin hasn’t made new lows since March 11th.
Burnett stated that when liquidity dries up, investors frequently sell Bitcoin first because of its extreme volatility. However, Bitcoin frequently bottoms out before stocks since the selloff is usually swift and forceful.
This can also be a sign that stocks are about to plummet. The AAII investor mood poll, which dropped to 19.11% on March 13—the lowest level since the pandemic—supports this opinion. This extremely pessimistic attitude may indicate that equities are about to reverse.
However, Burnett warned that this does not mean that Bitcoin is safe.
Of course, if stocks continue falling aggressively over the coming weeks, it’s reasonable to expect that bitcoin could experience another leg down too.
Arbitrum token incentives failed to retain users, says Pink Brains
In an effort to draw in more users, Arbitrum DAO has invested millions on incentives. However, one Web3 marketing studio claims that the improvements were short-lived.
Recently, Arbitrum (ARB) DAO was criticized for its user retention capabilities. Pink Brains, a marketing firm that specializes in Web3 and cryptocurrency, described problems with the network’s incentive schemes on April 4.
Arbitrum DAO has poured millions into incentive programs (STIP, LTIPP), aiming to bring more users, TVL, and volume into the ecosystem.
But many of these programs had one thing in common:
📉 The gains were short-lived. Metrics dropped soon after the campaigns ended.
— Pink Brains (@PinkBrains_io) April 4, 2025
The agency identified a number of fundamental problems, such as inadequate tracking of important performance indicators, a dearth of off-chain marketing, and a scant examination of possible return on investment. Only 21 percent of protocols were aware of their client acquisition cost, according to a recent poll that Pink Brains quoted.
“The gains were short-lived. Metrics dropped soon after the campaigns ended,” Pink Brains on incentives programs.
More significantly, none of the respondents knew their users’ lifetime value, which is a crucial indicator for assessing any marketing campaign’s effectiveness.
Arbitrum DAO should track ROI: Pink Brains
The agency suggested that programs that receive funding establish explicit performance metrics in order to address this issue. This strategy aims to determine the most effective incentive types and calculate the protocol’s return on investment. The agency emphasized that these actions were a component of a recently proposed Arbitrum DAO that was unsuccessful.
In January 2024, Arbitrum introduced its first short-term incentive scheme, which involved a one-time distribution of 50 million ARB active projects. The holders did, however, accept the long-term rewards trial program in order to offer more sustained assistance.
From its peak of $3.454 on December 14 to the present value of $2.422 billion, Arbitrum’s total value locked fell. Since hitting its peak of $2.40 on January 12, the token has experienced an 86.94% decline.
