💥 $XRP price may further fall to $1.5 if this support level cannot hold


Despite the rebound from the low point of the bear market recently, a crypto analyst predicts that the price of Ripple may fall further to $1.5. The analyst pointed out a key resistance level that Ripple must hold, otherwise it will fall to a new low and wipe out recent gains.
🔸 Analysts predict XRP prices to fall to $1.5
MadWhale predicts that the price of Ripple may fall to below $1.9 to $1.5. Analysts revealed that Ripple is currently in a downward trend, creating lower highs and lower lows, indicating a bearish market structure. According to his price chart, the cryptocurrency is also trading within a descending channel and quickly approaching a key resistance level.
The key $2 level is considered a psychological barrier, and sellers may emerge, further triggering downward pressure on cryptocurrencies. If there is a rejection at this $2.00 resistance level, MadWhale points out that the next support area and downward target will be around $1.90, representing a 17.62% fall in value.
Despite rising from the low point of the bear market in the recent rebound, a crypto analyst predicts that the price of Ripple may fall further to $1.5. The analyst has identified a key resistance level that Ripple must hold, otherwise it will fall to a new low, erasing recent gains.
🔸 Analysts predict #XRP price will fall sharply to $1.5
Cryptocurrency analyst MadWhale from TradingView shared a new price analysis focusing on the future price potential of Ripple. The analyst emphasized his strong track record in cryptocurrency trends, highlighting his accurate identification and hitting of all profit targets.
MadWhale predicts that the price of Ripple may fall below $1.9 to $1.5. Analysts reveal that Ripple is currently in a falling trend, consistently creating lower highs and lows, indicating a bearish structure.
#Ripple
{spot}(XRPUSDT)
XRP6,8%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
YangzaiPandavip
· 2025-03-04 06:16
Thank you for the wonderful sharing, I really appreciate it.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)