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Altcoins & DeFi

Zach Humphries warns XRP could fall further after $1.15 support breaks

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XRP investors are entering the week with heightened uncertainty after a prolonged decline in price. The cryptocurrency posted five consecutive weekly losses and dropped to $1.11, drawing a sharp response from well-known analyst Zach Humphries. Zach Humphries recently acknowledged misjudging the previous support at $1.15 for XRP. In a video update, he had expected XRP to rebound toward the $1.27 to $1.32 range, setting up a potential short-term trade. Instead, XRP sank below his predicted support, hovering near $1.11 on Monday. Humphries identified several cross-market factors influencing the drop. Notably, NVIDIA faced volatility after allegations against CEO Jensen Huang prompted a public response and shook investor confidence. As NVIDIA stock futures pointed lower, opening below $180 after Humphries purchased shares at $183, repercussions rippled into the crypto sector.

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