Analyst Says Sell XRP Now Before 72% Price Crash To $0.6
2025-07-04 12:05:41
Main Idea
An analyst predicts a significant price crash for XRP, citing a potential 72% drop to $0.6 after its recent rally, while also discussing broader cryptocurrency market trends and Ripple-related news.
Key Points
1. Ripple CEO announces decision to withdraw from a cross-border initiative, impacting XRP's market perception.
2. Analyst warns of a 72% XRP price crash to $0.6, attributing it to the loss of momentum after a 600% rally in 2024.
3. XRP's price action shows historical tendencies toward downward trends, with current levels deemed unsustainable.
4. Despite recent highs, the analyst highlights a Fair Value Gap (FVG) suggesting further downside risk for XRP.
5. The article also mentions broader crypto market trends, including altcoin season speculation and Bitcoin's price risks.
Description
XRP remains one of the most actively discussed cryptocurrencies on social media, with expectations that its price has yet to plateau. Things like the Ripple battle with the Securities and Exchange Commission (SEC) coming to an end and Bitcoin expected to resume its uptrend have fueled expectations of the XRP price reaching new all-time highs. However, amid the calls for higher prices, a crypto analyst has warned that a major crash could be on the horizon for the altcoin. Why The XRP Price Will C...
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