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Ripple price prediction: If it cannot return to $3.30, XRP may big dump 33% to $2.
Ripple (XRP) is at a critical price point on the edge of life and death. Crypto assets analysts warn that if the price cannot quickly recover the $3.30 resistance level, XRP may face a fall of up to 33%, potentially dipping all the way down to $2. The current market is influenced by geopolitical and macro uncertainties, and the fluctuation risk is sharply increasing.
From Consolidation to Sharp Fall: XRP Loses Key Support
During yesterday's market consolidation, XRP briefly maintained around 3.15 USD, showing some resilience. However, with former U.S. President Trump making recent comments on the Ukraine-Russia war, market sentiment quickly weakened, leading to a simultaneous dip in most Crypto Assets. Within just a few hours, XRP reached an 11-day low of $2.97 and briefly dipped below the psychological support level of $3.00. Although the price subsequently recovered slightly, the technical pressure remains heavy.
Analysts Warn: $3.30 is the Lifeline
Cryptocurrency analyst Ali Martinez, who has over 150,000 followers on platform X, pointed out that $3.30 is a key resistance level for XRP. If it cannot break through and maintain that level in the short term, the price may accelerate its dip to $2.60, or even $2.00, with a potential decline of up to 33%.
Martinez previously viewed $2.81 as an important support level, believing that only by holding this price can XRP maintain a bull market structure. However, the current price is in a "vacuum zone" between support and resistance, and if the lower support is lost, the bearish pressure will sharply increase.
Geopolitical and Market Fluctuation Risk Intensifies
In addition to technical pressure, geopolitical factors are also accelerating market fluctuations. It is reported that leaders from Ukraine and several European countries will meet with Trump to discuss a possible end to the war against Russia. This move may trigger fluctuations in risk aversion sentiment, further affecting the price trends of crypto assets including XRP.
Market observers point out that in the context of increasing uncertainty in the news, short-term traders need to closely monitor the two key price levels of $3.30 and $2.81, as they will determine the next direction of XRP.
Conclusion
XRP is currently under dual pressure from both technical and news fronts. If it fails to quickly reclaim the 3.30 USD resistance level, the risk of dipping to 2.60 USD or even 2.00 USD will significantly increase. With geopolitical events and macroeconomic data coming in succession, market fluctuations may further intensify. Investors should strictly set stop-losses and closely monitor changes in key price levels.