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It was xrp Forming a red, reddish candle Since the beginning of February, it is the result of a price collapse at the beginning of the month. Although Altcoin has recovered since then, it has not yet returned to the January Open. However, the majority of encryption investors are still optimistic about the long term of XRP, with Analysts multiply optimism The price goals range from $ 2 to $ 5.
However, the encryption analyst on the TradingView platform presented a convincing landfill for XRP, warning that the original is close to the end of a 12 -year -old crucial session, which can lead to severe correction to $ 0.1.
The XRP cycle is approaching 12 years to finish. A great correction in front of us?
According to the analystXRP almost completed a 12 -year -old cycle, and the end of this stage will be a very intense correction of the XRP price. While acknowledging that XRP can still reach a little higher before the start of the full decline, the analyst believes that the possibility of a significant increase in the upward direction is low and warns that continuous correction may occur in the coming months.
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The warning is focused on technical indicators and technical patterns, especially a long -term triangle style. This long -term triangular style lasted for a period of five years between the highest level in XRP ever of $ 3.40 in 2018 until 2024, before declining in the last fifth wave. It was claimed that this last fifth wave reached its climax at $ 3.40 in January 2025, and the next step from here is a step extending.
The analysis also refers to the upper/declining reflection tape index by Skyrexio, which confirmed the end of the 12 -year -old. Now, the proposed target is set for about $ 0.1, based on the REERERERTING 0.5 Fibonacci level.
The contradictory prediction of the majority is still optimistic about the future of Altcoin
At the time of writing this report, XRP is trading at $ 2.43, which means that the correction to $ 0.1 will represent a 95 % decrease from its current level. Such a decrease will not erase almost all XRP gains since 2017, but will also determine one of the most destructive collapses in its history. Interestingly, this expected loss in the roof of the XRP market will be greater than the loss it witnessed during the years It is suppressed The weight of the lawsuit is the Supreme Education Council against it The mother company Ripple.
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This downsic prediction contrasts with overwhelming upscale emotions that currently surround XRP. Many analysts and investors expect a long price growth in anticipation for institutional adoption and organizational clarity under the new Trump administration. One analyst expected that the price of XRP is about to make Running the height at all To 5 dollars. Another analyst, Jafon Marx, Note that xrp On the right path to reach more than $ 100 in the coming years.
Distinctive image from Medium, Chart from TradingView.com