How XRP Can Avoid a 74% Crash to $1: Deep Insights

XRP is facing a crucial moment as it approaches the "Fork C" resistance level at $3.9. To avoid a catastrophic 74% collapse to $1, XRP must close above $4 on the weekly chart with strong confirmation before March 10, 2025. This article examines important factors that may affect the price trajectory of XRP and what needs to be done to ensure a breakthrough in price increase. The importance of breaking the $4 threshold The "Fork C" resistance level of $3.9 traditionally is a significant barrier for XRP. Failure to surpass this level has led to sharp declines in the past: December 2015: XRP dropped -89.59% after hitting resistance level. May 2017: Assets decreased -68.97% in a similar scenario. September 2018: A -64.35% correction followed another failure at the resistance level. April 2021: XRP witnessed a significant correction of -73.39% after facing difficulties at the important resistance level. The average decrease from these events is about 74%, emphasizing the high level of risk if XRP cannot convincingly surpass this crucial area. The key factors influencing the price of XRP

  1. Price movement of Bitcoin The price of XRP shows a strong correlation with Bitcoin (BTC). The decline of BTC often leads to a ripple effect on altcoins, including XRP. If BTC experiences significant weakness, it could increase selling pressure on XRP.
  2. Network activities are declining The figures such as daily active addresses and network growth are important indicators of investor participation. The decline in these figures reflects decreasing interest, which may affect the price of XRP.
  3. Unrealized profits among long-term holders. XRP has witnessed unrealized profit phases, especially for long-term holders. If these holders decide to take profit, it could lead to a sudden increase in selling pressure and further exacerbate the price decline.
  4. Whale's Tail Sale Large XRP holders (whales) have significant influence on market dynamics. A coordinated or widespread whale sell-off can cause panic among retail investors, exacerbating the downward momentum. The road to $13-$15 EGRAG Crypto analyst believes that if XRP successfully breaks the resistance level of $3.9, it could trigger a price increase to $13-15. However, achieving this goal will require overcoming some challenges: Close the week strongly above $4: To confirm a breakout, XRP must sustain its price above $4 with strong volume and momentum.Market maker influence: Market makers often create barriers to rising price movements, leading to breakouts or false consolidation phases. Broader market conditions: The favorable macroeconomic environment and optimistic sentiment in the cryptocurrency market will play an important role in driving XRP's rally. Conclusion The next few weeks are crucial for XRP as it battles the "Fork C" resistance level. Failure to break above $4 on the weekly chart with strong confirmation could result in a sharp 74% drop to $1. However, a successful breakthrough could pave the way for a surge to $13-15, offering significant price potential for investors. By monitoring important metrics such as network activity, Bitcoin performance, and whale behavior, investors can better navigate the risks and opportunities in XRP's price trajectory. DYOR! #Write2Earn #Write&Earn $XRP {spot}(XRPUSDT)
XRP0.29%
S6.86%
X-0.13%
XEM0.3%
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