BEARISH 📉 : Analyst warns XRP price could fall below $1 with BTC crash

Crypto analyst TARA predicts that the XRP price could fall below $1, potentially reaching $0.87, if Bitcoin crashes to $52,200. This level aligns with the .786 support and the gap from the October 10 liquidation event.

XRP Price Scenarios

If BTC drops to $65,800, XRP could find short-term support at $1.30, with potential growth to $1.65.
Long-term targets for XRP are between $7 and $9.

Additional Insights

CasiTrades sees a Wave 4 relief for XRP, possibly heading towards $1.65. Failure to hold this level might lead to a drop to $1.09 or $0.90.
A bullish divergence is expected if XRP reaches these lower levels, indicating potential long-term buy zones.
If XRP reclaims $1.65, investors should wait for confirmation of support before entering.

Currently, XRP is trading at approximately $1.38, down over 4% in the past 24 hours.