📊 XRP's sharp decline has not ended its target price of $7 — here's why
At first glance, the drop in XRP looks bad. But when I look at it from a more macro perspective, its structure presents a different picture. Even when the market crashes, $XRP has maintained a key area around $1.60, with the opening price in February close to $1.66.
This price level is important. According to Egrag Crypto, this area has seen significant turning points in past cycles. The drop to around $1.50 is less about a crash and more about liquidity grabbing — aimed at shaking out weak investors before market momentum shifts.
History also confirms this. XRP's largest gains often occur during pullback phases, rather than in a smooth bull market. In 2021, if the increase reached around 340%, the price could have already hit around $7. This is not speculation but rather a reflection of structural gains during periods of low market confidence.
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