XRP Crash Fears Surge as Veteran Trader Warns of Shocking Drop Ahead

• Veteran trader warns XRP could face deeper downside amid weak momentum
• XRP struggles below resistance as bearish sentiment continues dominating market
• Support levels under pressure as traders brace for potential XRP drop

XRP has come back into focus after veteran trader Peter Brandt issued a warning that has intensified fears of a deeper price decline across the market. According to Brandt, recent price behavior suggests that XRP may still face significant downside risk despite temporary stabilization attempts. Earlier this year, XRP traded within the $2.00 to $2.40 range before experiencing a steep breakdown that erased a large portion of its value in a short period. Selling pressure accelerated rapidly, and the asset lost nearly 50 percent within weeks, which significantly altered market sentiment and forced many traders to reassess their positions.

Although buyers stepped in around the $1.30 level to stabilize the decline and prevent further immediate losses, recovery attempts have struggled to gain sustainable momentum in subsequent weeks. Moreover, repeated rejections near key resistance zones have limited upside movement, which has reinforced concerns that the broader trend remains weak. According to Brandt, the current technical structure still leaves room for further downside movement, especially if support levels fail to hold under continued pressure. His recent poll outlined several potential scenarios, including a move toward $0.93 or even a deeper drop to $0.72, while also referencing a more extreme outcome that reflects growing uncertainty among market participants.

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Weak Recovery Attempts Keep Pressure on XRP

XRP is currently trading near $1.37, which places it in a fragile position as traders closely monitor whether this level can hold against ongoing selling pressure. Besides price action, broader market conditions have contributed to hesitation among investors, as increased volatility across the crypto sector has made sustained recoveries more difficult to achieve.

Moreover, the consistent inability to reclaim the $1.50 to $1.60 range highlights persistent resistance, which has repeatedly blocked upward movements and prevented any meaningful shift in trend direction. Consequently, this pattern of lower highs continues to signal weakness, suggesting that bearish momentum still influences the market. According to Brandt, sentiment within the XRP community often remains strongly optimistic even during periods of decline, which he has previously compared to long-term commodity bulls who maintain conviction despite unfavorable trends.

Additionally, broader uncertainty across digital asset markets continues to weigh on XRP’s outlook, as investors remain cautious while evaluating risk in an unpredictable environment. This hesitation has limited buying pressure, which in turn reduces the likelihood of a strong and sustained rebound in the near term. XRP continues to face mounting pressure as technical indicators and expert commentary point toward possible downside scenarios that traders cannot ignore. While support levels remain intact for now, ongoing uncertainty suggests that the next phase of price action will be critical in determining whether XRP stabilizes or extends its decline further.

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