Why XRP May Retest $1 Before Its Next Major Rally: Analyst

XRP closed last week’s candle beneath its 20-week moving average, and analyst ChartNerd says in a video on X that a pullback toward $1 is now a live possibility. A retest there could build a double bottom, an outcome the analyst compares to 2022, though a reclaim of $1.33 would weaken the case. XRP Needs $1.33 Back to Avoid a Deeper Retrace XRP, worth $1.33 on CoinGecko at the time of writing, rose by 2% within the last 24 hours but lost nearly 3% within the last week. At the same time, it lost 6% within the last 30 days and is down 45% from a year ago, pushing it 63% lower than its all-time high of $3.65. The weekly chart tells the rest.

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