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Analyst EGRAG CRYPTO suggests that XRP could drop to $0.10 if it falls below the key $0.38 Fibonacci mark, but believes an 80% collapse would need a Black Swan event to occur.
The analyst has previously predicted significant price rises for XRP, including potential valuations of $1.12, $1.40, and even $27, although the latter would require a major market cap surge.While some cryptocurrency analysts have recently envisioned a bright future for Ripple’s native token and its potential price increase towards a new all-time high, the X user EGRAG CRYPTO
However, the analyst concluded that an 80% collapse seems “unlikely” and would be possible only in the case of a Black Swan event.
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