XRP to $0.98 or a ‘Face-Melting’ Rally? Analysts Clash on What Comes Next

Ripple’s cross-border token was not spared during the pullback from the past week, with its price dipping below $1.30 once again after a fresh rejection at $1.40. The asset is now sitting at a crucial technical area, and analysts are split about what comes next. Ali Martinez warned that it could dump below $1.00 under certain circumstances, while EGRAG CRYPTO remains bullish as ever. XRP Below $1 If Whales Keep Selling Martinez outlined a distinctly bearish scenario for the popular altcoin, warning that it could eventually fall to its August lows of $0.98 if several worrying on-chain trends persist. First, he noted that the number of XRP Ledger wallets holding between 10 million and 100 million tokens has declined from 351 to 339 over the past few weeks alone.

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