Altcoins News
By MikeT
1 / 15
Amid growing bearish sentiment in the crypto market, XRP remains under pressure—but not everyone believes a major collapse is ahead.
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As global events trigger financial uncertainty, analysts are split on how deep the current correction might go.
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XRP Slips Below $2 After Middle East Tensions Escalate
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Over the weekend, the broader crypto market lost more than $250 billion in value following a U.S. strike on key Iranian nuclear sites in Isfahan, Fordo, and Natanz.
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XRP, like most cryptocurrencies, wasn't spared. The token dropped to $1.90—its lowest level in 10 weeks—triggering fears of a deeper retracement.
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Xena: XRP Below $1 is No Longer a Reality
7 / 15
Xena, an outspoken XRP supporter, responded to the weekend drop by reinforcing her belief that XRP is unlikely to return to sub-$1 levels.
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Her confidence stems from XRP’s performance during the Trump-led crypto rally in late 2024, when the asset broke through $1 for the first time in three years.
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Since then, XRP has consistently traded above $1—even as the broader market has moved through several bearish cycles.
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Despite occasional dips, XRP has managed to hold above the $1 mark for more than seven months. The $2 region, however, has proven to be a battleground. After slipping to $1.
11 / 15
While the current level remains fragile, analysts like Xena continue to see strength in XRP’s long-term positioning.
12 / 15
Not all market participants share Xena’s optimism. In recent months, technical analysts have pointed out bearish chart patterns, including a potential head-and-shoulders setup…
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In December, a well-known trader named “IncomeSharks” even warned that XRP might drop to $0.60—effectively erasing all its 2024 gains. However, that scenario has yet to play out.
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In contrast, other prominent voices like The Bearable Bull and Vandell Aljarrah have maintained that XRP is unlikely to revisit the cents range.
15 / 15
At the time of reporting, XRP is priced at $2.03, down 7.7% over the past week. While the price has struggled to reclaim a strong position above $2, many in the XRP community…
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