{"id":3262,"date":"2025-03-04T05:11:07","date_gmt":"2025-03-04T05:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-price-can-fall-further-to-1-5-if-this-level-fails-to-hold\/"},"modified":"2025-03-04T05:11:07","modified_gmt":"2025-03-04T05:11:07","slug":"xrp-price-can-fall-further-to-1-5-if-this-level-fails-to-hold","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-price-can-fall-further-to-1-5-if-this-level-fails-to-hold\/","title":{"rendered":"XRP Price Can Fall Further To $1.5 If This Level Fails To Hold"},"content":{"rendered":"<p>Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains.<\/p>\n<h2>Analyst Predicts XRP Price Crash To $1.5<\/h2>\n<p>TradingView crypto analyst MadWhale has XRP&#8217;s future price potential. The analyst emphasized his strong track record of cryptocurrency trends, underscoring that he has accurately identified and hit all the gain targets.\u00a0<\/p>\n<p>MadWhale predicts that the XRP price could crash below $1.9 to $1.5. The analyst revealed that XRP is currently in a downtrend and has been making lower highs and lower lows, indicating a bearish structure. According to his price chart, the cryptocurrency is also trading within a descending channel and fast approaching a key resistance level.\u00a0<\/p>\n<p>This critical resistance point at the $2 mark has been tagged as a psychological level where sellers are likely to emerge and trigger further downward pressure on the cryptocurrency. If a rejection occurs at this $2.00 resistance level, MadWhale highlights that the next support area and downside target will be around $1.90, representing a 17.62% value drop.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-large wp-image-705844\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/03\/XRP-chart-from-MadWhale.jpg?w=512&#038;resize=512%2C299\" alt=\"XRP\" width=\"512\" height=\"299\" \/><\/p>\n<p>If the resistance level fails completely and the $1.90 support level breaks, the TradingView crypto analyst has forecasted another major descending channel in which XRP currently resides.<\/p>\n<p>MadWhale has revealed that the decline to $1.5 could serve as a pivotal point for price stabilization, hinting at a possible reversal in the cryptocurrency once bearish pressures wane. The analyst\u2019s price chart also shows that XRP recently tested the upper boundary of the descending channel but faced a rejection near the resistance.<\/p>\n<p>The main daily resistance area for the XRP price is marked in red on the chart, suggesting that $2.6 is where selling pressure might occur. As of this writing, XRP is trading at $2.8, already significantly above MadWhale\u2019s daily resistance area.\u00a0<\/p>\n<h2>Trump\u2019s Crypto Reserve Plan Triggers Major XRP Price Surge<\/h2>\n<p>After experiencing a significant price crash over the past few weeks, the double-digit price surge, successfully reversing its previous downtrend.<\/p>\n<p>Analysts have<a href=\"https:\/\/x.com\/markiv_immortal\/status\/1896427420074561700?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> attributed<\/a> this unexpected sharp surge to the recent United States (US) <a href=\"https:\/\/bitcoinist.com\/trump-crypto-strategic-reserve-with-xrp-sol-and-ada\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">crypto reserve plan announced by Donald Trump<\/a>. The US President had included XRP in his plans for a crypto reserve aimed at boosting the country\u2019s debt strategy and crypto dominance. As news of this strategic plan spread, the XRP price saw a 24.5% increase, pushing its value significantly above the $2.5 threshold once again.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/FGrCapec\/\" alt=\"XRP\" width=\"2168\" height=\"1424\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. Analyst Predicts XRP&hellip;<\/p>\n","protected":false},"author":1,"featured_media":3263,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[1835,1836,133,374,134,132,216,375,157,135,462,1837],"class_list":["post-3262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-crypto-reserve","tag-descending-triangle","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt","tag-donald-trump","tag-madwhale"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=3262"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/3262\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/3263"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=3262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=3262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=3262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}