{"id":87978,"date":"2025-08-13T06:00:53","date_gmt":"2025-08-13T06:00:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=87978"},"modified":"2025-08-13T06:00:53","modified_gmt":"2025-08-13T06:00:53","slug":"analyst-predicts-xrp-price-crash-below-3-but-theres-good-news","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=87978","title":{"rendered":"Analyst Predicts XRP Price Crash Below $3, But There\u2019s Good News"},"content":{"rendered":"

After the announcement of the conclusion of the Ripple-SEC legal battle<\/a> that began in 2020, the XRP price had surged by more than 12% in response. This brought the altcoin back above the $3 level to put the bulls back in charge of the price once again. However, there has been a slowdown in the price in the face of profit-taking, and a crypto analyst has suggested that the price could continue to decline toward the next major support level.<\/p>\n

Descending Trendline Break Not Enough To Hold Price<\/h2>\n

Following the surge that was triggered by the Ripple-SEC announcement, the XRP price was able to break a descending trendline that had formed after its July peak. This break had seen the price push toward $3.4 before being beaten back down again, crypto analyst HAMED_AZ highlighted<\/a> in a new analysis.<\/p>\n

This was triggered by the resistance encountered just before $3.4 and has now sent the altcoin back into a corrective phase<\/a>. So far, the bulls have been fighting off this correction as the $3.2 level has continued to serve as support. However, the analyst predicts that the correction is far from done.<\/p>\n

HAMED explains that it is likely that the XRP price will end up breaking back down to retest the previously broken trendline at around $2.9. This would mean another crash below $3 could be in the works, erasing all of the support that had been built up at this level.<\/p>\n

The Continuation Of The XRP Price Rally<\/h2>\n

While a break toward the previously broken trendline is expected, the analyst\u2019s chart suggests that the digital asset could find support<\/a> just above $2.9. This level would mark the completion of the pullback and would serve as the lift-off point for a bullish continuation that could push the price higher.<\/p>\n

This move would also put the XRP price on the path of an ascending trendline<\/a> from the month of June, which would coincide with the $2.93 bottom. Once this is completed, HAMED expects the XRP price<\/a> to pull upward toward brand-new all-time highs.<\/p>\n

From here, an over 35% increase is expected, which would put XRP over $4. If this happens, then it would clear the current peak of $3.84<\/a>, which was recorded 8 years ago in 2018.<\/p>","protected":false},"excerpt":{"rendered":"

After the announcement of the conclusion of the Ripple-SEC legal battle that began in 2020, the XRP price had surged by more than 12% in response. This brought the altcoin back above the $3 level to put the bulls back in charge of the price once again. However, there has been a slowdown in the […]<\/p>\n","protected":false},"author":0,"featured_media":87979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87978","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\/87978"}],"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=87978"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/87979"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}