
{"id":102986,"date":"2025-10-08T08:26:08","date_gmt":"2025-10-08T08:26:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=102986"},"modified":"2025-10-08T08:26:08","modified_gmt":"2025-10-08T08:26:08","slug":"ripple-xrp-crash-coming-this-week-analysts-warn-below-2-72-risk","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=102986","title":{"rendered":"Ripple (XRP) Crash Coming This Week? Analysts Warn Below $2.72 Risk"},"content":{"rendered":"<p>XRP is under pressure as it nears a key support level at $2.72. The token is trading around $2.85 after a drop of nearly 5% in the past 24 hours.<\/p>\n<p>Consequently, the move follows a clear rejection from overhead resistance, which has capped recent rallies.<\/p>\n<h2>Traders Watching the $2.72 Support Level<\/h2>\n<p>Crypto analyst Ali Martinez <a href=\"https:\/\/x.com\/ali_charts\/status\/1975689844887027757\">shared<\/a> a chart showing XRP moving within a descending triangle. This pattern is defined by flat support at the bottom and lower highs pressing down from the top. It often signals a squeeze in price and a possible breakout once the structure is completed.<\/p>\n<p>Price is now sitting just above support. A move down to $2.72 would mark another test of this level. If buyers step in, XRP could bounce toward $3. If not, a breakdown below $2.72 could open the door to lower prices. The $2.72 level has held since July, making it a point of focus for traders.<\/p>\n<h2>Peter Brandt Flags Breakdown Trigger<\/h2>\n<p>Market veteran Peter Brandt posted a side-by-side chart showing XRP\u2019s current setup next to a similar pattern from 1946. The historical chart, showing Revere Copper &amp; Brass, broke down after several failed attempts to move higher. Brandt compared the structure and <a href=\"https:\/\/x.com\/PeterLBrandt\/status\/1975605486637723982\">noted<\/a>,<\/p>\n<p>\u201cONLY IF it closes below 2.69 (then I\u2019ll be a hater), then it should drop to 2.22.\u201d<\/p>\n<p>In XRP\u2019s case, the same setup appears to be forming. The trigger level Brandt points to is $2.68743. If price closes below that line, it would confirm a breakdown and could lead to a fall toward $2.22.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G2rBtg2XUAAKDdk.png\"><\/a>Source: Peter Brandt\/X<\/p>\n<p>On the 4-hour chart, XRP remains near the lower Bollinger Band, showing continued selling pressure. The middle band, near $2.96, now acts as resistance. Price has failed to recover above that point.<\/p>\n<p>The MACD is also trending lower. The MACD line is still below the signal line, and the histogram remains in red. There is no sign of a reversal at the moment.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/XRPUSD_2025-10-08_09-52-20.png\"><\/a>Source: TradingView<\/p>\n<h2>Sentiment and Market News<\/h2>\n<p>As recently <a href=\"https:\/\/cryptopotato.com\/warning-sign-for-xrps-price-is-ripple-in-trouble\/\">reported<\/a> by CryptoPotato, XRP is seeing its \u201chighest level of retail FUD\u201d since U.S. trade tariff news six months ago. This spike in fear could be weighing on short-term demand.<\/p>\n<p>Meanwhile, GraniteShares has <a href=\"https:\/\/x.com\/Belisarius2020\/status\/1975666343254106219\">filed<\/a> for an XRP-based ETF in the U.S. The filing includes both 3x long and 3x short products, allowing traders to bet on either side of the price. The application comes as XRP tests a key support area.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ripple-xrp-crash-coming-this-week-analysts-warn-below-2-72-risk\/\">Ripple (XRP) Crash Coming This Week? Analysts Warn Below $2.72 Risk<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>XRP is under pressure as it nears a key support level at $2.72. The token is trading around $2.85 after a drop of nearly 5% in the past 24 hours. Consequently, the move follows a clear rejection from overhead resistance, which has capped recent rallies. Traders Watching the $2.72 Support Level Crypto analyst Ali Martinez [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":102987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-102986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102986"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102986"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/102986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/102987"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}