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⛓️ Crypto🔴 BearishImportance 6/10Actionable
Why The XRP Price Might Crash To $0.87 Before The Bear Market Ends
🤖AI Summary
Crypto analyst CasiTrades predicts XRP could crash to $0.87 before the current bear market ends, based on Elliott Wave analysis showing XRP trapped in a 34-day consolidation phase. The analysis suggests a potential recovery to above $1.9 could follow once the correction completes at the $0.87 support level.
Key Takeaways
- →XRP has declined from over $3 in 2025 to under $1.4, with analyst projecting further drop to $0.87.
- →The cryptocurrency has been consolidating for 34 days in Elliott Wave 4 structure with reduced volatility.
- →Key resistance level at $1.65 could invalidate bearish outlook if broken and held as support.
- →Recovery phase (Wave 5) is expected after reaching $0.87, potentially driving price above $1.9.
- →The $0.87 target aligns with 0.854 Fibonacci retracement level as strong support zone.
#xrp#price-prediction#technical-analysis#elliott-wave#fibonacci#bearish#cryptocurrency#market-correction
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