The price XRP can collapse 55% if the strategic involvement of CRIPTO reservations fails

The CSRP price lost the momentum he had in November 2024. years and went to the Technical Bear market after 25% of the highest place this year.

Ripple (XRP) Withdrawn to $ 2.5 on Friday while Cripto investors waited the upcoming crypti summit in the White House.

This summit will illuminate the Donald Trump Plan for strategic cryptic reserves and potential coins to be involved. In a statement on Sunday, he indicated that his preferred coins would be Bitcoin (Btc), Etherum (El), Ripple, Solana (Salt) and Cardano (Ada). However, it signed only for the Strategic Bitcoin Reserve on Thursday.

Analysts are pessimistic that they will create now a Strategic XRP Reserve. A Polimarket poll With about $ 450,000, the property has put these quotas at only 29%.

In a recent statement Villy VOO, a popular analyst with over a million k followers, claimed strategically flashing reserve was a bad idea. He claimed that no other country would buy XRP under the control of the United States and that Bitcoin is the only geopolitical neutral means like gold.

Other analysts, including Tyler Vinklevoss, claimed that XRP and other Altcains such as Sol and Ada did not meet the reserve criteria. He added that the agent is needed to be a hard money that is a proven store like gold.

Furthermore, it is unclear whether the divided Congress would approve the creation of Reserp Reserve. To do this, Trump should need most of the votes in the homework and 60 in the Senate.

On the positive page for the KSRP price, the odds that will be approved by securities and Exchange are high. They jumped at almost 80% on polymarket. There are also quotas that will end its litigation against breaking laboratories as done with other companies like Unisvap, Coinbase and Gemini.

Technical analysis price XRP

The daily card shows that the price XRP reached the peak of $ 3,4162 in January and crashed by 25% to the current $ 2.50. There was below 23.6% of the fibonaccation of the retrebation level to 2,7315 dollars.

The CSRP moved to the 50-day motion of average and formed a sample of head and shoulders. This form contains a head to $ 3,4162 and shoulders about $ 3. October of this form to $ 2.

Therefore, the coin will probably have a strong bear breakdown until the sellers target 61.8% indentation at 1.6,215 dollars, up to 35% from the current level. The drop below the weight will signal more at level 1.1340, 78.6% of indentation levels, which is 55% below current level.