XRP Tumbles: Analyst Warns of 20% Decline to $0.77
A warning has been issued for XRP investors as CryptoInsightUK, a market analyst known for technical assessments of digital assets, predicts that the cryptocurrency could extend its decline if selling pressure persists.
The analyst identified key downside targets at $0.88, $0.925, with a more severe drop toward $0.77 possible if current bearish momentum continues.
This warning comes amid a broader correction in the cryptocurrency market, with several major digital assets facing headwinds from macroeconomic factors, including rising interest rates and regulatory uncertainty.