🚨XRP Price Alert: Experts Warn It May Drop Below $1🚨

Bitcoin once surged to $83,000, and XRP followed to $2.20, but analysts caution that this upward trend may not be stable, and one should be wary of a pullback.

If Bitcoin falls below $72,000, XRP may also suffer, potentially plummeting to $1.20, or even $0.90.

Experts suggest that for those looking to pick up some bargains in the short term, they can place buy orders below $1.

Analysts also mentioned that XRP might drop sharply to $1.20, which would be a 45% decrease from its current level. Some predict a flash crash to $0.90, although this would only be temporary.

Bitcoin is nearing the 61.8% Fibonacci retracement level, suggesting a possible reversal. If Bitcoin falls back to $75,000, aligning with the 50% Fibonacci retracement level, XRP's pullback could be even sharper. Although the probability of this scenario is only 20%, experts still advise investors to be prepared for potential volatility.

👉Place buy orders below $1

Although the outlook is not very optimistic, experts still believe that XRP is unlikely to drop below the support level of $1.20. They recommend taking advantage of the current low price and placing buy orders below $1; if it does drop, there could be an opportunity to profit from a rebound. They mentioned that if such a drop occurs, XRP could quickly bounce back above $2.

In addition to the influence of Bitcoin, chart analysts have also identified a concerning head and shoulders pattern in XRP's price chart, indicating that there may be another dip before XRP reaches a new high. Although the overall market remains uncertain, whether XRP can hold its ground will depend on investor sentiment, which will determine its future trajectory.

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