XRP remains a popular topic on social media with expectations of new all-time highs, linked to the Ripple-SEC battle and Bitcoin's uptrend.
Crypto analyst Xanrox predicts a major crash for XRP, citing reasons like a lasting price range, creating a Fair Value Gap towards lower levels, and historical downward trends.
Xanrox suggests XRP has peaked, advising investors to consider exiting positions, with a forecasted crash back to $0.6, indicating a potential 72% price drop.
The analyst advises profit-taking for pre-rally investors and exiting breakeven for post-pump buyers, and recommends futures traders switch to short positions to capitalize on the expected price decline.