XRP Could Crash Under $1 After Key Breakdown and Whales Exit: Analyst
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XRP plunged to a fresh four-month low under $1.15 as the broader crypto market slid. The crash was driven by ETF reallocations and large whale sell-offs, and analysts warn of a potential further leg down, signaling short-term downside risk for XRP, liquidity and market sentiment.
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In times when almost the entire cryptocurrency market heads south, XRP has joined the ride, plunging to a fresh four-month low of under $1.15.
This substantial crash comes as ETF investors have turned the tide and whales have disposed of a large quantity of XRP. As such, analysts now believe another leg down could follow soon.
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