XRP Faces Potential Major Correction as 12-Year Cycle Ends
- XRP has been forming a bearish candle since February due to a price crash.
- A crypto analyst warns of a potential severe correction down to $0.1.
- The analysis is based on the completion of XRP’s 12-year cycle and technical indicators.
- XRP is currently trading at $2.43, implying a possible 95% decline if the correction occurs.
- Despite bearish predictions, many investors remain optimistic about XRP’s long-term growth.
According to an analyst, XRP could face a significant downturn to $0.1 as it nears the end of its 12-year cycle, contrasting with bullish investor sentiment expecting future growth.
Source (2.6)https://www.newsbtc.com/analysis/xrp/major-crash-alarm-for-xrp/?rand=52377
