The price of XRP reaches a dangerous zone, risking a drop of 45%

The CSRP price lost its swing he experienced in the fourth quarter and is now in danger of deeper distance.

Ripple (XRP) fell below the support level of $ 2 for the first time from 2. February, as the crint market continued.

The decline is underway to a large extent driven by macroeconomic factors in the United States, where Donald Trump threatened to Hefti Tariffs in Canadian, Mexicanand Chinese goods.

These tariffs could lead to stagflation and force federal reserves to reduce interest rates too soon. Indeed, the 10-year cash register fell 4.26%, while 30-year yield fell to 4.53%. A few months ago, they both floated close to 5%, because the federal reserve signaled their intention to run longer.

Despite the fall of the price, the basis of Ripple remain solid. The chances of the Securities and Exchange Commission that ends his lawsuit against Ripple improved, especially now that the Agency fell off its cases against coinbase and Unisvap.

Meanwhile, KSRP books ecosystem continues to attract more developers, and speculations in the potential place of the KSRP Exchange Fund increased. If approved, the KSRP ETF could attract billions in inflows, drive greater demand for the token.

XRP price collapsed to danger zone

Technical indicators suggest that the varibles can be headed to a strong bear in the coming days, now when it came into danger. The price collapsed to a low level of $ 1.9,615, a key level because it served as a neckline sample and shoulder.

The sample of the head and shoulders consists of head, two shoulder and neckline. The bear interruption is confirmed when the price falls below the neckline.

In addition, the price of XRP reached 50% of the levels of the fibonation needed and fell under 50-day average movement. The average directional index also rose to 36, indicating a strong trend, because the ADKS reading above 20 usually confirms the power of swing.

Given these factors, the price of Ripple could be further deducted at 61.8% of Retragul levels to 1.6230 dollars, wherever a turnaround. This level of grounding, known as the gold-ratio, is the place where the most withdrawals usually occur.

Failure that this support can lead to further part, potentially pressing XRP to 1.13 dollars, 78.6% of tightening degrees, approximately 45% below the current price.