TL;DR
Analyst EGRAG CRYPTO suggests that XRP could drop to $0.10 if it falls below the key $0.38 Fibonacci mark, but believes an 80% collapse would need a Black Swan event to occur.
Despite exploring pessimistic scenarios, EGRAG CRYPTO remains generally bullish on XRP and doesn’t plan to sell until reaching higher price targets.
The analyst has previously predicted significant price rises for XRP, including potential valuations of $1.12, $1.40, and even $27, although the latter would require a major market cap surge.
Is There a Chance for an 80% Collapse?
While some cryptocurrency analysts have recently envisioned a bright future for Ripple’s native token and its potential price increase towards a new all-time high, the X (Twitter) user EGRAG CRYPTO assumed another pessimistic possibility.
In their view, XRP might plunge to as low as $0.10 if it drops below the important Fibonacci mark of $0.38, which has successfully served as a resistance level for the past seven months. EGRA
We współpracy z: https://cryptopotato.com/an-alarming-ripple-xrp-price-prediction-can-it-crash-to-0-10/
