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Analyst Predicts Further Downside for XRP Amid Steep Price Drop

Analyst Austin Hilton warns that XRP faces further downside as it trades at $1.15, dropping nearly 3% amid a broader crypto market downturn and a lack of bullish liquidity.

Analyst Predicts Potential Major Reversal for XRP

Trading at $1.15, XRP is currently described by analyst Austin Hilton as a “falling knife.” The asset has dropped by nearly 3% amid a broader crypto market downturn, with Bitcoin currently trading at $75,000, leaving many XRP investors wondering how much lower the price might slide.

Sentiment Tells the Story

According to Hilton, the prevailing market mood is “extremely bearish.” He points to a core structural issue: a fundamental lack of bullish liquidity. Investors with fresh capital who typically drive upward momentum are staying on the sidelines, causing XRP to extend its losses.

The bearish side faces minimal resistance, creating an imbalance that keeps ongoing pressure on XRP. Hilton has emphasized across multiple videos that a drop to the $1 milestone is a genuine possibility, meaning that level is quickly approaching from its current price of $1.15.

What the 200-Day Moving Average Shows

Hilton’s breakdown highlights a key technical indicator: XRP is changing hands below its 200-day moving average of $1.25. Historically speaking, Hilton points out that acquiring XRP underneath this benchmark has generally proved to be a decent entry strategy.

Even so, he does not rule out additional downward movement. For long-term investors, he suggests that variations between buying at $1.20 or $1.90 matter less when looking ahead to future price goals of $3, $4, or $5. In that context, a $0.20 to $0.30 difference in acquisition cost is relatively minor.

Short-Term Signals in the Chart

Chart evaluations performed by Hilton show buy signals emerging right around this pricing tier. He points to past rallies that followed comparable signals, including a 44% surge over 39 days, a 48% increase within 22 days, and a 13% jump across a 19-day span. That said, these past performances do not guarantee future results.

He also observes the absence of any sell signals at present, viewing this as a positive development. Based on the charts, he believes XRP could be nearing a floor, stating: “I think we are close to the bottom from XRP charting standpoint and with all the other assets.”

Two Types of Investors

Hilton divides market participants into two distinct categories. The first group consists of buy-and-hold investors who ride out market swings with an extended timeline. For them, minor entry-price variations at current levels do not matter much.

The second group looks for quick gains and requires precise timing. Technical indicators matter far more for this cohort, particularly since past trends demonstrate that XRP can generate significant percentage rallies inside specific timeframes when the indicators line up.

Frequently Asked Questions

What price is XRP trading at according to the article?

XRP is currently trading at $1.15.

What does analyst Austin Hilton compare XRP to?

Austin Hilton refers to XRP as a “falling knife” and notes that it may be nearing a bottom.

What is XRP’s 200-day moving average?

The 200-day moving average for XRP sits at $1.25.

How does Hilton view long-term versus short-term investing in XRP?

For long-term holders aiming for future targets of $3, $4, or $5, small entry-price differences matter very little. Short-term traders, however, rely more heavily on technical signals and precise timing to capture potential percentage gains.

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Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Acquisitions can speed growth for the buyer but raise competition and job concerns.

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