Mercato
24h Vol
10071
Cryptocurrencies
58.26%
Bitcoin Condividere

XRP Price Crash To $2.33 Is Still Possible In This Scenario, Here’s Why

XRP Price Crash To $2.33 Is Still Possible In This Scenario, Here’s Why


NewsBTC
2025-10-02 18:00:22

The latest analysis from DustyBC Crypto indicates that the XRP price is still struggling to overcome key resistance levels. The price has increased a few times, but each attempt to move higher has faced rejection. For XRP, the situation is not yet showing clear signs of a breakout. Instead, the market outlook remains cautious, and there is still a chance of further downside before the pattern can fully play out. XRP Price Faces Resistance With More Rejections In Market Action According to DustyBC Crypto, XRP recently pushed upward but quickly met a strong resistance zone. After testing that level, the price began rejecting again, showing that sellers are still active in this range. These repeated rejections suggest weakness in the market, and they are not unusual compared to what is happening with Bitcoin and Ethereum. Related Reading: SWIFT Is Planning To Launch Its Own Blockchain Amid Trillion-Dollar Battle, But It’s Not With Ripple DustyBC Crypto’s analysis indicates the XRP price action has not yet demonstrated the strength necessary to confirm a bullish trend, and the market remains uncertain. DustyBC Crypto notes that this behavior is common when an asset is between support and resistance levels, and it often takes time for a clear direction to form. Because of this, DustyBC Crypto reminded traders that they should not mistake the current price movements for real breakouts. Short-term gains may appear positive on the surface, but until XRP can break through the key resistance zone, rejections are likely to continue. The market remains range-bound, and the technical picture has not undergone significant changes. Bearish Scenario Keeps $2.69–$2.33 Range In Play DustyBC Crypto also warns that the risk of a further drop remains in play. The bearish target range of $2.69 to $2.33 remains valid as long as the market continues to show weakness. XRP could fall further before a pattern completion, keeping traders on alert. According to his analysis, there is still considerable room for the price to decrease. Although XRP can occasionally provide small bullish signals, these moves are not strong enough to confirm a new uptrend. The risk of fake-outs remains high, and traders who chase these moves without patience could get caught in sudden reversals. Related Reading: Early Bitcoin Investor Reveals Biggest Regret After Years In The Market The $2.69–$2.33 zone is highlighted as the area to watch, as it represents where bearish pressure may next push the market. DustyBC Crypto emphasizes that patience is key, as only after this range plays out will the longer-term pattern become more complete. Until then, the market remains technically uncertain, and DustyBC Crypto advises caution. For now, XRP traders are urged not to rush into bullish trades too early. According to DustyBC Crypto, the best approach is to wait for stronger confirmation before making an entry. He says this way, they could reduce risk and avoid being caught by short-term market fluctuations. Featured image created with Dall.E, chart from Tradingview.com


Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta