CandleFocus XRP price reaches a danger zone, risking a 45% crash
2025-02-28
Author: Content Editor
The XRP price has dropped below the $2 support level, signaling a potential deeper decline. This is due to macroeconomic factors in the United States, including the threat of tariffs from Donald Trump. Despite this, Ripple's fundamentals remain strong and the odds of the SEC ending its lawsuit against Ripple have improved. The XRP Ledger ecosystem continues to grow, and there is speculation about a potential XRP ETF. Technical indicators suggest a bearish breakout is likely, and the price could drop further to the 61.8% retracement level at $1.6230. Failure to hold this support could result in a further decline to $1.13.
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