
{"id":206439,"date":"2026-07-30T13:14:10","date_gmt":"2026-07-30T13:14:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=206439"},"modified":"2026-07-30T13:14:10","modified_gmt":"2026-07-30T13:14:10","slug":"xrp-warning-why-ripples-price-could-plunge-23","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=206439","title":{"rendered":"XRP Warning: Why Ripple\u2019s Price Could Plunge 23%"},"content":{"rendered":"<p>The past months have not been kind to Ripple\u2019s cross-border token, whose price is down roughly 65% on a yearly scale.<\/p>\n<p>One analyst warned that it may soon fall well below the $1 psychological mark, while many others remain optimistic that a major rebound is coming next.<\/p>\n<h2>Going Further Down?<\/h2>\n<p>As of press time, XRP trades at around $1.08, which translates into a 4% weekly loss. According to X user Hamza, the asset\u2019s recent decline has resulted in a breakdown from a critical symmetrical triangle that could lead to an additional pullback.<\/p>\n<p>The analyst <a href=\"https:\/\/x.com\/ElliottWavesHub\/status\/2082510605089714491\">claimed<\/a> that retail is still \u201cbagholding on hope\u201d while smart money had left and set a target of $0.836. At the same time, they said a potential rise to $1.16 would invalidate the bearish setup.<\/p>\n<p>FOUR | Crypto Spaces also <a href=\"https:\/\/x.com\/X_Four_iv\/status\/2082101281846407669\">issued<\/a> a pessimistic forecast, envisioning a plunge to $1.02, while Carl Hawley <a href=\"https:\/\/x.com\/CarlHaawle\/status\/2082345917395661128\">opined<\/a> that XRP has shown \u201cextreme weakness\u201d on higher timeframes, making the asset the most oversold since COVID times. Usually, entering such a territory is a precursor to a resurgence, yet the analyst couldn\u2019t predict the exact direction of the upcoming move, saying:<\/p>\n<p>\u201cCapitulation or opportunity? The next few weeks could be decisive.\u201d<\/p>\n<p>The rising number of XRP tokens stored on Binance suggests the bearish perspective is more likely. The figure has reached a nearly three-week high of approximately 2.62 billion coins, signaling that some investors have abandoned self-custody methods and moved their holdings to the exchange. This, in turn, increases the immediate selling pressure.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/XRP-Reserves-on-Binance.png\"><\/a>XRP Binance Reserves, Source: CryptoQuant<\/p>\n<h2>The Bullish Scenarios<\/h2>\n<p>It is important to note that the majority of people making XRP predictions remain optimistic. X user MARMOT recently <a href=\"https:\/\/x.com\/search?q=%24XRP&amp;src=typed_query\">claimed<\/a> that the asset is repeating the exact pattern from 2017, which led to a 60,000% explosion. They believe the path to the next bull run involves three different phases, envisioning an eventual ascent to a new all-time high of $13.<\/p>\n<p>Celal Kucuker also chipped in, <a href=\"https:\/\/x.com\/CelalKucuker\/status\/2082483376041173296\">seeing<\/a> compression, exhausted sellers, and asymmetric risk. In their view, if XRP breaks above its current structure, those who called for $0.50 may suddenly start calling for $10.<\/p>\n<p>The most bullish forecast came from xrpl_Adam, who <a href=\"https:\/\/cryptopotato.com\/ripples-xrp-could-hit-100t-if-institutions-use-it-as-collateral-analyst\/\">suggested<\/a> that Ripple\u2019s native token may become a $100 trillion asset in the future. As of now, it\u2019s hard to imagine an explosion of that magnitude, given that the entire market capitalization of the crypto sector is around $2.3 trillion.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/xrp-warning-why-ripples-price-could-plunge-23\/\">XRP Warning: Why Ripple\u2019s Price Could Plunge 23%<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The past months have not been kind to Ripple\u2019s cross-border token, whose price is down roughly 65% on a yearly scale. One analyst warned that it may soon fall well below the $1 psychological mark, while many others remain optimistic that a major rebound is coming next. Going Further Down? As of press time, XRP [&hellip;]<\/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-206439","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/206439"}],"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=206439"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/206439\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=206439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=206439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=206439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}