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>>XRP Forecast: Harsh Sell‑Off Drives XRP Near Complete Collapse – Could a Bear Market Be Beginning?

XRP Forecast: Harsh Sell‑Off Drives XRP Near Complete Collapse – Could a Bear Market Be Beginning?

crypthub

3 days ago

XRP Market Weakness

XRP fell 16% in one week, sliding toward the $2 barrier as broader crypto sentiment soured. 24‑hour volume rose 27% to about 5% of its circulating market cap, reflecting heightened pressure. The new US XRP ETF has failed to halt the decline, and the Fear & Greed Index dropped to 15, a level unseen since April.

Technical Risks and Support

A short‑term bounce off a key trend‑line support gave brief hope, but a break below could trigger a 17% fall to $1.75. A deeper breach may target $1.47, erasing roughly 30% of value. Open interest in XRP futures is at its lowest since November, underscoring market pessimism.

Shift to Alternative Presales

Traders are eyeing the Maxi Doge ($MAXI) presale, which promises early upside and community rewards. Up to 25% of presale funds will be allocated to leading tokens, with profits funding continued promotion. Participants can buy $MAXI via the official site using USDT, ETH, or a bank card.