Is XRP’s Bull Run Over?

 Despite recent gains, XRP could face a significant drop in the near future, according to crypto analyst MadWhale. The analyst has raised concerns about the cryptocurrency's potential to fall further to the $1.5 mark. With a critical resistance level looming, XRP needs to maintain certain price points to avoid a drastic decline.

Analyst's Prediction: XRP to Drop to $1.5

MadWhale points out that XRP is near a critical resistance at $2. If it fails to break this level, the price could fall to $1.90, a 17.62% drop. A further decline to $1.5, a 35% drop, is possible if $1.90 doesn’t hold. This aligns with the lower boundary of XRP’s descending channel, where it may find support.

MadWhale suggests that $1.5 could act as a turning point for XRP’s stabilization if the bearish trend reverses.

Trump’s Crypto Reserve Plan Sparks XRP Surge


Despite the bearish outlook from some analysts, XRP Price  recently experienced a sharp price surge as per Coinpedia Market data. In just one day, the cryptocurrency saw a significant double-digit increase, reversing its recent downward trend. This sudden surge has been linked to the announcement of President Donald Trump’s crypto reserve plan.

Trump’s plan includes XRP as part of a broader strategy aimed at strengthening the U.S. crypto market and enhancing the country’s dominance in digital assets. The news of XRP’s inclusion in the plan caused a 24.5% increase in its price, pushing it above the $2.5 mark once again.

This unexpected development has given hope to some investors that XRP’s price could continue to rise, despite the ongoing market uncertainties. However, as analysts like MadWhale caution, the cryptocurrency must overcome key resistance levels to maintain its bullish momentum.

XRP's future remains uncertain, with mixed predictions about its price movement. While the recent surge driven by Trump’s crypto reserve plan offers some optimism, analysts like MadWhale predict potential further declines if key resistance levels aren’t overcome. Investors should watch closely as XRP navigates these critical price points, which could determine the next phase in its market cycle.

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