A crypto strategist known as Bluntz, who accurately predicted the correction in Bitcoin and Solana earlier this year, now believes that XRP is next in line to experience significant price drops. Bluntz points to a bearish divergence on the XRP against Bitcoin pair's weekly chart, suggesting that XRP is losing its bullish momentum and may enter a downtrend. Bluntz also mentions that XRP is currently in the midst of an ABC correction against the US dollar. Based on his Elliott Wave theory analysis, Bluntz predicts that XRP could fall to the $1 area to complete the correction. As of now, XRP is valued at $2.46.
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