If the weak transaction pattern is maintained, the 50%+ XRP price for the risk of modification -Peter Brandtt

The XRP (XRP) Price continues to be a wider encryption market this week despite the fact that several altcoins have been changed to green when Bitcoin (BTC) has increased to $ 88,800.

Altcoin has fallen 4.7% over the last seven days, and has suspended its 11% rally on March 19 when Ripple’s SEC “End of Litigation” news created a headline. XRP trading volume also dropped from $ 4 billion to $ 2.6 billion last week.

The XRP price is equivalent to a colleague over a steep cliff.

In the recent X post, veteran merchant Peter Brandt said that if the “textbook” head and shoulder pattern (H & S), the XRP price could be lowered to $ 1.07.

According to Brandt, more than $ 3 price rally can invalidate H & S patterns. However, the fall of less than $ 1.90 opens up 55%of the possibility of modification. The brand said.

“Less than $ 1.9, I won’t want to own it. H & S project $ 1.07. Do not shoot a messenger.”

On the contrary, Javon Marks emphasized a positive escape for XRP. Cryptocurrency traders pointed out that the price of the XRP and the relative intensity index (RSI) were traded more than the fallen wedge pattern.

Historically, such settings have been proven to be a profitable processing time of Altcoin, and Marks said.

“The last farewell caused a price increase of approximately +570%, and the price can be prepared for another significant surge.”

Related: Are you waiting for the Altcoin season? It suggests that data is already here

XRP correction calls can be a period of time.

From a technical point of view, it is a bit early to predict $ 1.07 re -examination based on the existing market structure of XRP. The XRP has declined since early 2025, but the level of $ 1.90 has been tested only three times since November 2024.

Since XRP has been traded at more than $ 2, it has not been close to the critical value every day, which suggests that the investor can be viewed as a potential purchase area.

SPOT Market Volumes is also the main cause of XRP’s recent meetings, indicating the continuous interest in Altcoin over the last few months.

DOM, an Order Flow Markets analyst, mentioned that the next week, the XRP could be essential for setting a clear direction. The analyst said that the current range did not attract his attention.

“We need to see a clear rest of the level we have shown. If you say price measures, you must know next week or two.”

The important level of XRP remains $ 2.50, which was important support and resistance during the last four months of price measures.

Related: Bitcoin Price has abandoned a three -month decline as ‘key shift’ began.

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.