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Is Ripple’s XRP in Trouble? Analysts Eye Key Support Before Another Crash

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Is Ripple’s XRP in Trouble? Analysts Eye Key Support Before Another Crash


XRP has dropped to $1.77, and analysts warn that staying below $1.80 could lead to a further decline toward $1.50 amid rising sell pressure.

The Ripple-linked token is trading near a critical level after losing ground during a market-wide decline. The price has fallen sharply alongside other major cryptocurrencies. With pressure building, traders are focused on whether this zone will hold or give way to further losses.

XRP Drops Toward Key Support

At the time of reporting, XRP trades around $1.77 after falling more than 5% in the last 24 hours. Over the past week, the token has been down more than 7%. The daily trading range is between $1.73 and $1.87. This drop brings XRP to its lowest point since early October, when it briefly dipped below $1.60.

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The move followed a sharp pullback in the broader market. Bitcoin led the decline, triggering liquidations across altcoins. XRP was no exception. Futures data shows nearly $71 million in XRP long positions were liquidated, adding to the selling pressure.

Analysts Warn of a Break Toward $1.50

Technical analyst ChartNerd said XRP may be forming a Wyckoff “Spring” pattern, which could lead to a short-term recovery if support holds. But they also warned that continued weakness below $1.80 could confirm a bearish setup.

“The $1.50 target is popping up on many of my short-term bearish fractals,” they said. “Stay below $1.80, and that validity increases.”

If this support zone breaks, $1.50 is the next level many traders are watching. That zone hasn’t been tested since October and remains a key point on several charts.

Meanwhile, analyst BitGuru noted that XRP is resting on a base after a long slide. This area has seen buyers return in the past.

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“Holding this zone could open room for a recovery toward prior resistance,” they shared.

Past consolidation zones between $2.20 and $2.50 are likely targets if the price begins to climb again. For now, the chart suggests XRP is at a decision point.

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Outside of price action, Ripple’s former CTO, David Schwartz, responded to social media claims that XRP could reach $50 or $100. When asked to shut down the rumors, Schwartz said he couldn’t give exact predictions but encouraged using logic to assess big targets.

He recalled once doubting that XRP would ever reach $0.25, showing how hard it is to predict. Still, he warned against following viral claims without reason.

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Crypto World

Stablecoins Will Be Crypto’s “ChatGPT Moment,” Says Ripple

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Stablecoins Will Be Crypto’s "ChatGPT Moment," Says Ripple

Ripple CEO Brad Garlinghouse said stablecoins will be the crypto sector’s “ChatGPT moment” for businesses in search of faster, more efficient payments, and that many companies are already discussing and strategizing how to implement stablecoins into their operations.

“You have boards of directors and CEOs of companies, whether it’s Fortune 500 or Fortune 2000, they’re asking their treasurers, they’re asking their CFOs, hey, what are we doing with stablecoins,” Garlinghouse told FOX Business on Friday.

“Giving the treasurer and the CFO that option is the unlock,” he said. 

Garlinghouse said this unlock would be “the ChatGPT moment of crypto” because it would be the entry point for businesses to access a broader range of blockchain-based services. 

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Garlinghouse speaking with FOX Business on Friday. Source: FOX Business

Bloomberg Intelligence predicted in early January that stablecoin flows could increase at a compounded annual growth rate of 80% to $56.6 trillion by 2030, a rise that would make stablecoins one of the most important payment tools in global finance.

Garlinghouse noted that stablecoins processed more than $33 trillion in trading volume last year, though nearly 90% of that came from Tether’s USDt (USDT) and Circle’s USDC (USDC).

Ripple launched a competitor stablecoin — Ripple USD (RLUSD) — in December 2024, which is currently the 10th largest stablecoin by market cap at $1.4 billion, CoinGecko data shows.