Despite the recovery of lower lower Recent upsickA Crypto analyst predicted that the XRP price could be a new drop in its price at $ 1.5. The analyst has identified a level of critical resistance that XRP will have to hold Stands to new stockings and eradicate recent gains.
The analyst predicts the XRP price crash at $ 1.5
TradingView Crypto Madwhale A analyst has common A new price analysis focused on XRP’s future price potential. The analyst underlined his solid history of cryptocurrency trends, stressing that he has identified with precision and reached all gain targets.
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Madwhale predicts that the The XRP price could crash Below $ 1.9 to $ 1.5. The analyst has revealed that XRP is currently in a downward trend and has made lower ups and lower stockings, indicating a lowering structure. According to its price table, cryptocurrency is also negotiated in a downhill channel and quickly approaches a key resistance level.
This point of critical resistance to the $ 2 brand has been labeled as a psychological level Where sellers are likely to emerge and trigger pressure down the cryptocurrency. If a rejection occurs at this Resistance level of $ 2.00Madwhale stresses that the next support area and the decrease target will be around $ 1.90, which represents a drop in value of 17.62%.
If the level of resistance fails completely and the level of support of $ 1.90 breaks, the tradingView Crypto analyst planned another adult Distribution of the XRP price. He predicts that cryptocurrency could undergo a deeper drop by 35%, perhaps decrease at the next level of major support to $ 1.5. This crash target aligns with the lower limit of descending channel in which XRP currently lies.
Madwhale revealed that the drop to $ 1.5 could serve as a central point for Price stabilization, Alluding to a possible inversion in the cryptocurrency once the downwinding pressures have been deceased. The analyst’s price table also shows that XRP recently tested the upper limit of the downhill canal but was faced with a rejection near the resistance.
The main daily resistance area of ​​the XRP price is marked in red on the graph, which suggests that $ 2.6 is where the sales pressure could occur. To date, XRP is traded at $ 2.8, already considerably above the daily resistance zone of Madwhale.
Trump’s crypto reserve plan triggers an increase in the major XRP price
After having experienced a significant price accident in recent weeks, the XRP price seems to be recovering at an alarming rate. In one day, cryptocurrency saw a Two -digit surge, successfully reversing its trend in the previous decline.
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Analysts have attributed This high unexpected increase in the United States (United States) Crypto reserve plan announced by Donald Trump. The American president had included XRP in his plans for a cryptography reserve aimed at stimulating the country’s debt strategy and the domination of cryptography. While the news of this strategic plan is spreading, the XRP price has increased 24.5%, pushing its value significantly higher than $ 2.5.
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