Warning Ripple Prize: XRP is confronted with 33% crash risk if this level is not recovered

Warning Ripple Prize: XRP is confronted with 33% crash risk if this level is not recovered

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Tl; Dr.

  • The native token of Ripple runs with a significant risk of another significant fall in the price decrease if it does not quickly recover a certain level.
  • The warning comes in the midst of a market -wide correction that XRP has not saved.
Xrpusd. Source: TradingView

XRP was about $ 3.15 yesterday when the market traded sideways. While the landscape changed earlier this morning, perhaps because of Trump’s last comments with regard to the war between Ukraine and Russia, Ripple’s token joined the rest of the market in a painful movement to the south.

In a matter of just a few hours, it actively fell to an 11-day low of his own at $ 2.97 (on Bitstamp). So it slid briefly under the coveted support level of $ 3.00, but has returned from the moment of the press.

According to Ali Martinez, a popular crypto analyst with more than 150,000 followers on X, XRP is now further away from a critical resistance level. He believes that $ 3.30 is crucial in determining the future price behavior of the active, and not recovering this can lead to a price decrease up to $ 2.6 or even $ 2.

Previously, Martinez also sketched $ 2.81 as an important support level for XRP and stated that it must remain above this level to maintain its bull market structure.

For the time being, the token of Ripple remains in the middle between these two goals, but today more volatility is expected because the political leaders of different European countries, including Ukraine, will meet Trump to discuss the potential end of the war against Russia.

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