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BitcoinSistemi 2025-04-06 21:32:07

Amid Decline, Analyst Predicts Where Ripple (XRP) Price Will Fall in Worst-Case Scenario

Amid Decline, Analyst Predicts Where Ripple (XRP) Price Will Fall in Worst-Case Scenario

Joao Wedson, CEO of cryptocurrency analytics firm Alphractal, has outlined what he describes as the “most chaotic” and bearish scenario for Ripple (XRP). In a recent statement, Wedson responded to a follower’s question about the worst-case scenario for XRP by pointing to a potential long-term Distribution phase that could extend into late 2025. The forecast, based on complex technical chart models, suggests that the price of XRP could potentially fall to levels not seen since the 2020 market crash: “I have drawn a radical distribution scheme that could potentially extend into late 2025. But first, the price could fall below the Coronavirus crash levels, probably close to $0.10. Sounds ridiculous to many, I know.” The chart shared by Wedson explains the worst-case scenario trajectory that XRP could follow. Related News: Watch Out: 20 Altcoins Have Massive Token Unlocks in the New Week - Here's the Day-by-Day, Hour-by-Hour List Wedson's chart presents two alternative scenarios: Diagram 1 (Yellow): XRP will experience a sharp decline, then recover towards the “Last Supply Point” marked by the yellow line on the chart. Chart 2 (Red): A much more volatile move could occur, with the price rallying between $5 and $6.80 and peaking around $5.5 to $5.7. Such a surge could create extreme market enthusiasm, followed by a dramatic reversal. Despite the dramatic appearance, Wedson noted that this is only a “wild possibility” and a theoretical model dependent on a variety of external factors. “This largely depends on Bitcoin, Market Makers, Supply and Demand, public interest, and the macroeconomic context,” he added. *This is not investment advice. Continue Reading: Amid Decline, Analyst Predicts Where Ripple (XRP) Price Will Fall in Worst-Case Scenario

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