{"id":49354,"date":"2025-03-04T03:30:12","date_gmt":"2025-03-04T03:30:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=49354"},"modified":"2025-03-04T03:30:12","modified_gmt":"2025-03-04T03:30:12","slug":"xrp-price-can-fall-further-to-1-5-if-this-level-fails-to-hold","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=49354","title":{"rendered":"XRP Price Can Fall Further To $1.5 If This Level Fails To Hold"},"content":{"rendered":"

Despite recovering from bearish lows following its recent uptick<\/a>, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows<\/a> and eradicates recent gains.<\/p>\n

Analyst Predicts XRP Price Crash To $1.5<\/h2>\n

TradingView crypto analyst MadWhale has shared<\/a> a new price analysis focusing on XRP\u2019s future price potential<\/a>. The analyst emphasized his strong track record of cryptocurrency trends, underscoring that he has accurately identified and hit all the gain targets.\u00a0<\/p>\n

MadWhale predicts that the XRP price could crash <\/a>below $1.9 to $1.5. The analyst revealed that XRP is currently in a downtrend and has been making lower highs and lower lows, indicating a bearish structure<\/a>. According to his price chart, the cryptocurrency is also trading within a descending channel and fast approaching a key resistance level.\u00a0<\/p>\n

This critical resistance point at the $2 mark has been tagged as a psychological level<\/a> where sellers are likely to emerge and trigger further downward pressure on the cryptocurrency. If a rejection occurs at this $2.00 resistance level<\/a>, MadWhale highlights that the next support area and downside target will be around $1.90, representing a 17.62% value drop.<\/p>\n

If the resistance level fails completely and the $1.90 support level breaks, the TradingView crypto analyst has forecasted another major breakdown in the XRP price.<\/a> He predicts that the cryptocurrency could experience a more profound decline of 35%, possibly dropping down to the next major support level at $1.5. This crash target aligns with the lower boundary of the descending channel<\/a> in which XRP currently resides.<\/p>\n

MadWhale has revealed that the decline to $1.5 could serve as a pivotal point for price stabilization, <\/a>hinting at a possible reversal<\/a> in the cryptocurrency once bearish pressures wane. The analyst\u2019s price chart also shows that XRP recently tested the upper boundary of the descending channel but faced a rejection near the resistance.<\/p>\n

The main daily resistance area for the XRP price is marked in red on the chart, suggesting that $2.6 is where selling pressure might occur. As of this writing, XRP is trading at $2.8, already significantly above MadWhale\u2019s daily resistance area.\u00a0<\/p>\n

Trump\u2019s Crypto Reserve Plan Triggers Major XRP Price Surge<\/h2>\n

After experiencing a significant price crash over the past few weeks, the XRP price<\/a> seems to be recovering at an alarming pace. In just one day, the cryptocurrency saw a double-digit price surge,<\/a> successfully reversing its previous downtrend.<\/p>\n

Analysts have attributed<\/a> this unexpected sharp surge to the recent United States (US) crypto reserve plan announced by Donald Trump<\/a>. The US President had included XRP in his plans for a crypto reserve aimed at boosting the country\u2019s debt strategy and crypto dominance. As news of this strategic plan spread, the XRP price saw a 24.5% increase, pushing its value significantly above the $2.5 threshold once again.<\/p>","protected":false},"excerpt":{"rendered":"

Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. Analyst Predicts XRP […]<\/p>\n","protected":false},"author":0,"featured_media":49355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-49354","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\/49354"}],"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=49354"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/49354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/49355"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}