XRP's worst-case scenario: The price could fall to 0.30 USD

XRP holders are in a challenging moment as recent market trends raise many questions about the near future of this cryptocurrency. After a strong bullish rally, XRP is facing difficulties, as technical indicators suggest the possibility of further fall. Analysts focusing on the MACD indicator have detected something called a “death cross”—a bearish signal when the short-term moving average crosses below the long-term moving average. This is often a sign of a downward trend, and the price of XRP has reacted by falling 37% since this signal, with the current decline at around 31%.

In the past, XRP has faced similar moments. In February 2018, after a similar death cross, XRP’s price plummeted by 90%, from over 3 USD to below 0.30 USD. In May 2021, the coin lost 53% and by November of the same year, it witnessed another drop of 76%. These patterns suggest that death crosses are not just fleeting signals—they often mark the beginning of prolonged bearish phases.

So, what is the current situation of XRP? If history repeats itself, XRP could experience another significant drop. A 53% decrease from the current price could pull the price down to around 1.40 USD. If the downward trend is as severe as the crash in 2021, we might be looking at a price level around 0.71 USD. In the worst-case scenario, if XRP follows the collapse of 2018, the price could drop below 0.30 USD.

However, not everything is gloomy. If XRP maintains above critical support levels like 2 USD, it could prevent a deeper decline. But if this level is broken, the next support could be much lower, opening the door to the worst-case scenario. Many experts believe that XRP is close to the bottom, supported by strong accumulation from whales and signs that the market may have overreacted to recent price fluctuations. The question is: Will XRP bounce back like in the past, or is this the start of a deeper correction? The answer lies in how the market reacts in the coming weeks.

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