$XRP
🚨 XRP Price Prediction: A Crash is Forming 🚨
The Ripple token is at a critical juncture where its next move will decide its trajectory. The XRP price chart shows mixed signals, and so are the experts’ predictions. Pseudo-anonymous crypto analyst Bit Bull claims that the token has already touched the upper trendline resistance and will move downwards next.
His analysis is based on the liquidation data, as it reveals investors are opening more short positions, suggesting XRP may continue to fall.
Another analyst points out that the Ripple token is below the bull market support band (the one behind the March rally). As a result, a potential crash to $1.24 is possible before the upward momentum builds. Interestingly, this level coincided with the 2024 end breakout to $3.4.
However, this is just anticipation considering current conditions. Experts also anticipate different results based on different metrics. Therefore, investors must track XRP’s further move for better insight, especially as May 1 and June 9 are approaching.