XRP just plunged toward the critical $2 threshold after shedding 16% in a single week, casting doubt on whether the token can hold its ground, or if a bearish XRP price prediction is now unavoidable.
With 24-hour trading volumes spiking 27%, representing nearly 5% of its circulating market cap, pressure is mounting fast.
The launch of a new XRP exchange-traded fund (ETF) in the US has done little to stem the bleeding, as the token continues to suffer from the broader crypto market downturn.
The Fear and Greed Index has plummeted to 15, a level not seen since April, signaling a deepening of investor panic.
If XRP breaks below the $2 mark, the drop could intensify. Open interest in XRP futures has already fallen to its lowest level since November, when Trump’s electoral momentum briefly revived crypto market sentiment.
XRP Price Prediction: Trend Line Support Holds, But Downside Risk Persists
XRP bounced off a key trend line support yesterday and could be setting up for a short-term recovery.
Still, the risk of a bearish breakdown remains high and could trigger significant losses if that support level fails.
If XRP breaks below this trend line, the first major demand zone sits at $1.75, implying a potential 17% drop from current levels.
A deeper breakdown could send it to the next “drop zone” near $1.47, which would mean a 30% decline, enough to keep even aggressive buyers on edge.
With fear still dominating the market, trying to time a bottom here feels risky, especially with momentum still uncertain.
That’s why some traders are turning to the best crypto presales, where the upside potential is better and the crowd hasn’t piled in yet.
Maxi Doge ($MAXI) is building a trader-first meme community where trading setups, early opportunities, and high-energy challenges come together in one place.
Momentum is growing fast, and the window to get in early is still open.
Maxi Doge ($MAXI) is Building a Thriving Community for Like-Minded Meme Coin Traders
Maxi Doge ($MAXI) taps into the energy of bull markets and channels it into a Doge-inspired meme coin, giving traders a fun, fast-moving entry point into a growing network of like-minded peers chasing early opportunities.
Traders will get the chance to earn rewards and bragging rights through competitions like Maxi Ripped and Maxi Gains.
In addition, traders can share insights, strategies, and top setups with a community of degens actively hunting for the next 10x.
Up to 25% of the presale funds will be deployed into leading tokens this cycle, with profits fueling future marketing to drive awareness and keep $MAXI in the spotlight.
To buy $MAXI and join the pump, simply head to the official Maxi Doge website and link up a compatible wallet like Best Wallet.
You can either swap USDT or ETH for this token or use a bank card to invest.
Buy $MAXI Here.
The post XRP Price Prediction: Brutal Sell-Off Pushes XRP Toward Total Collapse – Is a Bear Market Officially Starting? appeared first on Cryptonews.
Credit: Source link
