XRP Crashes Below $1.50: Is a Rebound Still Possible or Are We Heading Lower?
XRP just crashed below $1.50 — what’s next? Is this a deeper downtrend or a chance for a rebound?
22 Answer
Oh wow, XRP dropped below $1.50—what a shocker (said nobody ever). Crypto tour of horrors continues. But yeah, this is crypto. Buckle up, we might swing hard either way.
Alright, here’s how I see it: XRP dipping below $1.50 is alarming, but not necessarily fatal. The crash was steep — it broke through several key supports and triggered liquidations, especially among leveraged longs. The macro shock (news, sentiment swings) likely accelerated the move more than fundamentals alone.
That said, there are glimmers of hope. XRP is showing signs of stabilization near long-term trendlines. If it can hold above those and absorb selling pressure, it might form a higher low and reenter a recovery phase. On the 4-hour chart, some bounce attempts toward the $2.7–$2.8 zone are underway. If it can flip that resistance into support, we could see a relief rally toward $3. But failure to reclaim that zone would likely signal more downside—possibly toward $2.2 or even $2.0 in the short term.
So, for me, this is a high-volatility inflection point. The direction depends heavily on market sentiment, how macro news unfolds, and whether buyers step in to defend key levels. I’m leaning that there is space for a recovery, but it’ll be choppy. If you’re holding, watching those resistance zones and managing risk is crucial. If you’re looking to enter, waiting for confirmation of a bottom might save you trouble.
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