XRP Falls 10% After Recent Peak: When Will It Hit $3.80?
According to CoinGecko’s XRP data, Ripple’s XRP token has registered a 0.5% fall in the daily charts and a 10.6% fall in the weekly charts. The popular cryptocurrency recently hit an all-time high of $3.65 on July 18. Since its peak, XRP’s price has dipped by 15.6%. Despite the steep correction, the asset continues to maintain substantial gains across other time frames. XRP is up 19.2% in the 14-day charts, 41.4% in the monthly charts, and 408.2% since July 2024. Source: CoinGecko Can XRP Hit $3.80 Next? Source: Reddit XRP has some support at its current price level. The asset also has some liquidity at the $2.5 price level. If the asset continues to face a dip, it could fall to $2.5 before making an upswing. XRP’s latest fall follows a market-wide dip following Bitcoin’s (BTC) decline to the $115,000 level. The correction was likely to investors booking profits after one of the most significant rallies in the crypto market. BTC, XRP, and BNB hit new all-ti...