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XRP price prediction: a close below $2.687 would confirm a descending triangle and could push XRP toward $2.22, while a sustained break above $3.15 would open the door to a rally toward $3.60. Watch the $2.60–$3.15 range for decisive moves.
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Brandt warns a drop to $2.22 if XRP closes under $2.687.
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Descending triangle shows lower highs and horizontal support near $2.60.
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Resistance at $3.15 and $3.60 on upside; market-cap shift favors BNB over XRP.
XRP price prediction: close below $2.687 risks a $2.22 slide; read levels, on-chain signals and analyst views. See trade-ready levels and key takeaways.
Veteran trader Peter Brandt warns an XRP breakdown toward $2.22 looms if the altcoin fails below $2.687. Analysts also see upside potential.
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- Brandt sees XRP falling to $2.22 if it closes beneath $2.68743 and breaks triangle support.
- Descending triangle forms with lower highs and horizontal support near $2.60, signaling weakening demand.
- Analysts highlight resistance at $3.15 and a potential rally toward $3.60 if support holds.
Veteran trader Peter Brandt released a fresh analysis on XRP that signals a possible steep decline. He states that XRP may fall to $2.22163 if it closes below $2.68743. Brandt highlights a descending triangle pattern forming on the charts that suggests weakening demand.
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Brandt’s chart shows a series of lower highs paired with horizontal support near $2.60. That structure hints that buyers are losing strength. He notes that XRP has repeatedly failed to hold above $3 despite multiple retests. The analyst’s warning arises from the risk that the support line breaks and accelerates selling pressure.
What caused XRP to lose the No.3 market-cap spot?
XRP’s market-cap drop followed a strong rally in BNB, which pushed Binance Coin above $1,300 and lifted its market capitalization to roughly $178 billion versus XRP’s $177 billion. The short-term shift reflects differential momentum between the tokens rather than a fundamental collapse in XRP’s network metrics.
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Analyst CasiTrades offers a contrasting view. She observes that XRP has held the near-$3 region for several days and that momentum might build from here. She interprets the current consolidation as a setup for a strong upward wave. Her resistance targets are cited near $4 and $4.50.
How do on-chain signals and sentiment affect XRP’s outlook?
Santiment reports a spike in FUD sentiment for XRP, which often precedes counterintuitive price moves. On-chain metrics show mixed signals: transfers and active addresses have not surged to match previous run-ups. Crypto analyst Ali Martinez says a breakout above $3.15 would likely trigger a rally toward $3.60, making $3.15 a key test.
Brandt’s outlook hinges on a close below $2.687. A confirmed break would validate the descending triangle and increase the probability of a move to $2.22163. Conversely, a rebound and clean break above resistance levels would shift market psychology back toward buyers.
What are the practical trade levels and risk controls?
Front-load risk levels: immediate support cluster sits between $2.60–$2.69. Critical downside target: $2.22. Key resistance levels: $3.15, $3.60, and psychological $4.00. Use stop-losses beneath $2.60 on long exposure and reduce size if price breaks and holds under $2.60.
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Frequently Asked Questions
What is the probability of XRP falling to $2.22?
Probability depends on a confirmed close below $2.687. If a daily close under that level occurs and the descending triangle momentum accelerates, downside toward $2.22 becomes likely; absent that close, odds favor range-bound behavior or a push to resistance.
How should traders set stops around the triangle?
Traders commonly place stops just below the triangle’s horizontal support—around $2.58–$2.60—using position sizing to limit loss to a defined percentage of capital. Confirm breakout direction before increasing exposure.
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Key Takeaways
- Immediate risk: A daily close below $2.687 could validate a descending triangle and target $2.22.
- Upside trigger: A clean breakout above $3.15 would likely push toward $3.60 and higher resistance zones.
- Market context: BNB’s recent surge shifted market-cap rankings; on-chain sentiment shows higher FUD for XRP.
Conclusion
This analysis shows clear bifurcated outcomes for XRP: a confirmed close under $2.687 makes a fall to $2.22 the most probable technical scenario, while a break above $3.15 would favor a rally toward $3.60. Monitor the $2.60–$3.15 range and apply disciplined risk controls. COINOTAG will update this story as new data emerges.
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