XRP Price May Rally to $2.70 Despite Current Market Crash

ChartNerd, a crypto analyst, suggests that XRP could potentially surge by 30% to $2.70 if it holds key Fibonacci support levels at $2, $1.99, and $1.89. The price could rally due to its current position in a falling wedge breakout pattern, aiming for the descending triangle resistance.

XRP might benefit from Ripple's connections to South Korea's tokenized infrastructure and potential expansion plans.
The recent market crash, led by Bitcoin, has pushed XRP below $2, influenced by U.S. tariffs on Europe and potential EU retaliation.
Despite this, ChartNerd views the dip as an opportunity, with XRP currently tapping into a $1.80 liquidity pocket.
XRP is down over 4% in the last 24 hours, trading around $1.96.

XRP