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XRP Price Will Drop Below $1.00 If This Happens, Analyst Warns

XRP Price Will Drop Below $1.00 If This Happens, Analyst Warns

Photo: CaptainAltcoin

XRP price is close to a level that could decide whether the current weakness stays manageable or turns into something much worse. Analyst Ali Martinez says the bearish case now rests on three things happening together: fewer large XRP holders, more tokens sitting on exchanges, and a clean break below $1.26. If that support gives way, Martinez says the XRP price could first fall toward $1.11, with the broader channel structure pointing to roughly $0.98. That would put XRP back below the $1 mark.

Source: CaptainAltcoin

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