XRP Price Analysis: Potential 20% Drop Amid Key Support Levels
2024-10-25

XRP is currently trading within a box pattern, with a lower high suggesting a higher probability of a downside breakout. If the crucial support level of $0.5213 is lost, there is a 20% potential drop in price, targeting $0.4164. If you are holding XRP, you might consider selling, or alternatively, you could take a short position upon a clear break of the $0.5213 level. Given the importance of this support, a sharp decline is expected if it breaks. Keep an eye on this critical zone for any significant moves.