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Ripple analyst warns of XRP holders: 30 % of disruption may come soon – Top Crypto to buy now?

The veteran encountered on Martinez, who often publishes the XRP viral plans for its 133K followers on X, its owners only warned that the price “tests water” is less than two dollars as there is no strong support up to $ 1.60.

For context, the XRP price is now trading about $ 2.29 after side movements between $ 2.20 and $ 2.40 in the past few days.

XRP in cash support: Analyst warns of a 30 % potential decrease

Looking at the Martinez URPD chart, XRP sits at a decisive price point. The 2.28 level is important because many investors bought XRP at this price. People usually try to protect their investments by not selling below what they paid.

If the price of XRP decreases to less than $ 2.28, these investors may start selling to avoid large losses. This can create a snowball effect to sell pressure. The biggest anxiety is what happens if XRP decreases to less than $ 2.00.

The chart offers very few people who bought XRP between $ 2.00 and $ 1.63. This empty space, or “air gap” means that there is not much purchasing support in this range. If XRP decreases to less than $ 2.00, it may quickly decrease to $ 1.63 without significant resistance.

At $ 1.63, there is stronger support since about 1.8 % of all XRP has been bought around this price. This means that buyers are likely to interfere at this level.

For traders watching XRP, there is a potential scenario. If XRP remains above $ 2.28, the price can settle and may move higher. But if XRP collapses less than $ 2.28, we may see the sale of panic that pays the price to less than $ 2.00, which may lead to a rapid decrease to about $ 1.60 -1.63 dollars. This range offers 30 % of current levels.

Although the XRP support levels are logical, the price decrease by 30 % to $ 1.60 is likely to need more than just a weak XRP. Such a big fall will happen during the broader encryption market accidents, such as those we saw in February. XRP usually does not decrease much on its own, but it tends to follow the total market during panic times.

Also read: We asked artificial intelligence to predict the possible results of Ripple (XRP) against SEC

If not XRP, what is the best encryption for purchase now?

During the bull that ended in January, XRP often outperformed the Meme currencies. The exception was November and December when the XRP price jumped from $ 0.50 to $ 3.30.

now, Sloalai is receiving attention As a new option. It is not just a Mimi currency but also has a real benefit. Solx is currently in pre -pre -pre -phase, and it has raised nearly $ 27 million. Currently, it is only $ 0.001668.

For comparison, Solaxy is a Layer-2 solution for Solana, similar to how Pepe Unchained works with ETAREUM. Pepe Unchained has seen an increase of 8X after launch in December, indicating that Solaxy may have similar potential. Also, a few of the large encoders begin to note Solx; For example “Cryptoboy” Who is called 59,000 subscribers called the “Best SOLX” project for 100x “at the present time.

https://www.youtube.com/watch?

Solaxy helps solve Solana problems in Solana and expand their scope. Solana and ethereum connects, making it easy to transfer assets between the two grids while improving speed and safety.

The system works by transporting most of the transactions off the main chain of Solana on the second layer network. This reduces crowding during crowded times. Solaxy collects transactions together for processing, which helps reduce costs and increase the number of transactions that he can deal with.

It includes the tools that monitor the network in an actual time to prevent bottlenecks. Although it is a solution to the second layer, the Sloalai maintains strong security standards Check through audit operations. Everyone in all, Solx Token looks thinking, especially in Discount prior price now.

Visit $ Solx Pressale today

Responsibility: Captainaltcoin does not support investment in any project mentioned in this article. Caution and do a comprehensive research before investing your money. Captainaltcoin does not bear any responsibility for its accuracy or quality. This content did not write Captainaltcoin. We advise readers to do their comprehensive research before interacting with any distinguished companies. The information provided is not financial or legal advice. Captainaltcoin or any third party does not recommend buying or selling any financial products. Investing in highly dangerous encryption assets. Consider the possibility of loss. Any investment decisions taken based on this content in the danger and leader of the reader. Captainaltcoin does not bear the responsibility for any damage or losses from using this content or dependence on this.

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