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Altcoins & DeFi

XRP Chart Shows $1.25-$1.30 Zone as JD Warns of Deeper Crash

Image: TokenPost

XRP (XRP) was near $1.2877 on an Oct. 18 chart posted by crypto analyst JD (@jaydee_757), who said he expected a much deeper crash unless warning signs were negated. The chart placed XRP below the weekly exponential moving average (EMA) at $1.5085 and marked a previous high near $1.4197. It highlighted a $1.25 to $1.30 area that JD described as a dollar-cost averaging zone, which he said had been posted on Patreon since early August. JD's post did not identify the warning signs or give a lower price target. TokenPost previously described $1.25 as a possible floor in coverage of XRP Ledger transfer value, while noting that the transfer figure did not establish a bottom. Enna Lee reports on investing and digital-asset markets for TokenPost.

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