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Crypto Analyst Says XRP Price Will Crash 80% To $0.10, What’s The Trigger?

Crypto analysts are warning that the XRP price is on the verge of a massive crash, with predictions of an 80% drop to $0.10. This alarming development is attributed to the failure of the altcoin’s uptrend channel support, suggesting a reversal in its bullish trend. The analyst highlights the importance of the channel support, which has now been breached, and points to a potential return to price levels last seen in 2020. However, there is a slim chance that the XRP price could continue its uptrend if it manages to hold support at the $0.3 level. Despite these warnings, XRP is still holding above $0.52 at the time of writing, though it has experienced minor losses in the last day.