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TimesTabloid 2025-08-03 23:30:55

Analyst Predicts When Current XRP Price Pullback Will End

XRP’s recent price correction may be approaching its end , according to crypto analyst Dr Cat. In a technical post shared on X, Dr Cat forecasted that the ongoing pullback would likely conclude between August 2 and August 4, identifying $2.78 as a critical support level on the 3-day chart. This projection is based on an Ichimoku Cloud analysis, a powerful trend-following system that combines price, time, and momentum indicators. Dr Cat’s chart reveals key confluences that suggest XRP is entering the final phase of its short-term downtrend and could soon resume its upward movement. XRP Correction Nearing Completion As of report time, XRP is trading at $2.89, having bounced slightly after dipping to an intraday low of $2.80. This low comes within striking distance of the $2.78 support level Dr Cat highlighted as a likely reversal zone. The timing also aligns perfectly with his prediction window, adding further weight to the analysis. $XRP Ripple The end of this correction should come between the 2nd of August and 4th of August and $2.78 should provide a support if tested on the 3D timeframe. pic.twitter.com/b4VbpBdRN2 — Dr Cat (@DoctorCatX) August 2, 2025 XRP’s price correction began in July, following a local peak after a notable rally from under $2.00. Since then, the price has gradually declined, giving back some of its earlier gains. Despite this pullback, XRP’s price remains above the Ichimoku Cloud on higher timeframes, indicating that the overall bullish trend is still in place . Ichimoku Time Cycles and Support Zones Dr Cat’s analysis also incorporates Ichimoku time cycles—an advanced feature of the indicator that helps forecast when trend reversals may occur. His chart shows a 42-bar and 33-bar cycle, both of which converge between August 2 and 4. This intersection of time-based signals with a major price support at $2.78 suggests a high-probability bounce zone. On the chart, XRP is currently testing the upper edge of the Kumo cloud on the daily timeframe, which typically acts as dynamic support in uptrending markets. If the price holds above this level and bullish momentum returns, a reversal could be confirmed, setting the stage for a move back to key resistance levels. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Bounce Likely, But Caution Warranted If XRP holds the $2.78–$2.80 support region, the next targets will be a reclaim of the $3.10 level, followed by a possible retest of the cycle high at $3.82. If XRP fails to hold this zone, it could lead to a deeper correction , potentially dropping to the next key support at $2.55. Despite the short-term volatility, the broader trend remains constructive. Volume is beginning to decline on the down move, a classic sign of selling exhaustion. The confluence of cloud support, cycle timing, and price structure all suggests XRP is nearing a potential inflection point. Dr Cat’s analysis offers valuable insights for traders closely monitoring XRP. If his predictions hold, the current dip may be the final chance to buy before the next leg higher begins. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Predicts When Current XRP Price Pullback Will End appeared first on Times Tabloid .

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