🔥 XRP’s Struggle: Will the Price Crash Again?
$XRP has been in free fall, shedding 📉 17% in the past week and 27% over the past month—a brutal correction that has left traders on edge 😨. With XRP now hovering around $2.22, market participants are asking:
⚠️ Is another crash incoming, or can the bulls regain control?
📊 XRP Price Levels to Watch Below $2.40
XRP’s latest downtrend has shattered key support levels, including:
🔻 100-day SMA at $2.43
🔻 The psychological $2.40 level
Losing these levels has opened the door for further declines, with traders now eyeing critical support zones that could dictate XRP’s next move.
🚨 If the selling pressure continues, XRP could revisit these key areas:
📍 $2.15 – A crucial level that, if lost, could send XRP to $2.06.
📍 $1.90 – XRP’s previous range low from Dec. 9, 2024, where strong liquidity exists.
📍 $1.51 - $1.82 – A fair value gap formed during XRP’s November-December 2024 rally.
⚠️ $1.27 - $1.45 – The worst-case scenario, where XRP would hit its most extreme support zone.
📢 According to crypto analyst Cvotrades, XRP’s weekly close is the make-or-break moment:
💬 “Watch the weekly close. If it’s below $2.09, then it sweeps $1.77.”
📉 XRP’s Bear Flag Signals a Drop to $1.73 🚩
From a technical perspective, XRP is forming a bearish continuation pattern that suggests the sell-off isn’t over 😬.
🔻 XRP has been trading within a bear flag on the four-hour timeframe, a pattern that typically signals further downside.
🔻 The bear flag formed after XRP’s sharp drop from $2.60 to $2.06 between Feb. 24 - Feb. 25.
🔻 Currently, XRP is testing the lower boundary of the flag at $2.20—a level that bulls MUST hold 🚀.
🔻 A break below $2.20 could trigger another price crash, with the bear flag’s target at $1.73—a 22% drop from current prices ❗.
🐂 Will Bulls Step In? 🐻 Or Will Bears Take Over?
For XRP to avoid a deeper crash, buyers must defend $2.20 and push the price back above $2.40. If not, the road to $1.70 or lower becomes increasingly likely ⚠️.
With XRP in a make-or-break zone, the coming days will determine whether it bounces back 🚀—or breaks down 💥.
👉 Will bulls save the day, or is another bloodbath coming? 😱
#XRP #XRPPRICEPREDICTION #Market #crashing