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Joao encryption analyst, which properly predicted Xrp Price collapseIt revealed the following ALTCOIN goals. Based on its latest prediction, it can be more pain in front of XRP, which still can decrease to less than one dollar.
What is the next for the XRP price after the collapse is less than $ 2
in Tradingvief PostJoao stated that the long -term distribution stage could be the “most chaos scenario” for the XRP price after its collapse is less than $ 2. Through his accompanying plan, the analyst explained.Root distribution systemThis may extend to late 2025.
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Joao noticed that the price of XRP can first show a sign of weakness, and it declines Under Covid empty levelsMaybe near $ 0.10. As this plays, XRP can follow the course of the 1 or 2 scheme. For scheme 1, the analyst predicts that XRP will decrease to $ 0.1 and then bounce to $ 0.4, which is the last view point.
On the other hand, if scheme 2 is run, it predicts that the price of XRP can rise between $ 5 and $ 6.8, with an average peak of about $ 5.5 to $ 5.7, which may likely lead to severe euphoria. Joao warned that this is just one of the “crazy” possibilities and that XRP price procedures depends largely on bitcoin, market makers, supply, demand, public interest and macro market.
John’s encryption analyst also warned that XRP price declined It can go to the mid -2024 levels, with Altcoin drop to the FIB price of $ 0.3827. The analyst highlighted a murderous landfill formed on the weekly XRP chart in late March, which is why he believes that Altcoin can still retreat to this lowest level.
During, Egrag Crypto She stated that based on an upward beam, there is a 70 % chance of negative collapse and a 30 % opportunity to move to the upward trend. He claimed that the measured step for the negative rest of the XRP price is $ 0.65.
It became $ 1.90 resistant to altcoin
In X Publishing, Casitrades It revealed that $ 1.90 has become a great resistance to the XRP price. She noted that the price of Altcoin fell to about $ 1.61 after the collapse of the Black Monday on April 7. This level is said to have made the maximum new degrees on the market strength index, and it was shy of great support.
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The XRP price has since been recovered to test the 1.90 dollar level, which Casitrades confirmed is a great resistance at this stage. She noted that the following support is $ 1.55, the golden decline. 618. The analyst added that this price procedure is exactly what puts the type 3 wave type The highest level ever (ATHS).
In line with this, Casitrades claimed that if XRP prices drop near $ 1.55, this will actually enhance the ups of the preparedness to between 8 dollars and $ 13 this month. It believes that XRP will easily break the resistance around ATH on this 3 wave and may send it to $ 13.
At the time of this report, the XRP price is traded by about $ 1.8, an increase of more than 10 % in the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Medium, Chart from TradingView.com
