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XRP Price to Crash 25%? Experts Warn of a Possible $1.55 Test
The cryptocurrency market remains volatile, and XRP is showing signs of weakness despite recently climbing above a descending trendline that had capped every rally since February. After slipping back under key resistance levels, analysts now warn that XRP could be at risk of a deeper pullback in the coming sessions.
At the time of writing, XRP is struggling to hold support around $2.10, having dipped as low as $2.03. Analyst CasiTrades warns that while XRP briefly reclaimed its breakout level, the move could be a false breakout. She added that if open interest begins to rise without a meaningful price move, particularly if it crosses 0.02% or higher — it could signal a high probability of a liquidity sweep to the downside.
“If we fail to hold $2.25, it puts $2.01, $1.90, and even $1.55 in play,” she explained.
Source: coinpedia.org
