It almost feels inevitable at this point. It was hard to imagine 11 months ago, even 6 weeks ago, but the current landscape appears mostly dominated by the bears, and the psychological $1.00 level has come into focus.<\/p>\n
Remember how XRP stood at $3.65 last July? Even the subsequent rejections and corrections that managed to drive it below $3.00 and eventually $2.00 seemed bad enough, but a breakdown below $1.00 was almost out of the question. However, such a probability is highly anticipated now, with BTC seemingly losing the $60,000 support.<\/p>\n
XRP dumped to $1.01 on Thursday when the entire market crashed. The question is, and we asked ChatGPT about it, how low can the token go if that coveted support breaks?<\/p>\n
The popular AI solution warned that if $1.00 falls cleanly by the end of June or in July, it \u201cmay not stop at $0.99.\u201d Instead, a decisively daily close below the round-numbered support will likely turn that level into resistance. If that\u2019s the case, then the first downside target sits between $0.96 and $0.94. Although this could mark the \u201cfirst wave of damage,\u201d it won\u2019t necessarily mean it\u2019s the bottom.<\/p>\n
The actual danger, though, comes if XRP loses $0.94. ChatGPT warned that the asset\u2019s path to $0.90 will be wide open. If panic accelerates, the next precise downside zones are $0.87, $0.82, and $0.78, which align<\/a> with some popular analysts\u2019 views on the token\u2019s potential bottom.<\/p>\n The worst-case scenario for XRP in July would be a crash to $0.65, ChatGPT said.<\/p>\n \u201cThat level matters because it sits far enough below obvious support to flush late buyers, liquidate leveraged longs, and reset sentiment completely. It would represent a 35% collapse from $1.00 and a nearly 40% drop from the current $1.05 area.\u201d<\/p>\n OpenAI\u2019s solution outlined a different scenario in which the XRP bulls defend the $1.00 support and the broader market\u2019s environment improves, or at least doesn\u2019t deteriorate further. Ripple\u2019s token would need to reclaim the first major resistance levels at $1.08 and $1.10 before it can receive some breathing room, as such a rebound would invalidate the bearish thesis of a plunge below $1.00.<\/p>\n However, until XRP indeed goes beyond $1.10 and closes above it, every bounce will appear less like recovery and \u201cmore like another chance for sellers to reload\u201d and push it south to under $1.00 territory.<\/p>\n The post How Low Can XRP Go in July if $1 Support Falls? ChatGPT\u2019s Worrisome Predictions<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" It almost feels inevitable at this point. It was hard to imagine 11 months ago, even 6 weeks ago, but the current landscape appears mostly dominated by the bears, and the psychological $1.00 level has come into focus. Remember how XRP stood at $3.65 last July? Even the subsequent rejections and corrections that managed to […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-188637","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/188637"}],"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=188637"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/188637\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=188637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=188637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=188637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}On the Contrary<\/h2>\n