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<\/p>\n
It almost feels inevitable at this point. It was hard to imagine 11 months ago, even 6 weeks ago, but the current landscape appears mostly dominated by the bears, and the psychological $1.00 level has come into focus.<\/p>\n
Remember how XRP stood at $3.65 last July? Even the subsequent rejections and corrections that managed to drive it below $3.00 and eventually $2.00 seemed bad enough, but a breakdown below $1.00 was almost out of the question. However, such a probability is highly anticipated now, with BTC seemingly losing the $60,000 support.<\/p>\n
XRP dumped to $1.01 on Thursday when the entire market crashed. The question is, and we asked ChatGPT about it, how low can the token go if that coveted support breaks?<\/p>\n
The popular AI solution warned that if $1.00 falls cleanly by the end of June or in July, it “may not stop at $0.99.” Instead, a decisively daily close below the round-numbered support will likely turn that level into resistance. If that’s the case, then the first downside target sits between $0.96 and $0.94. Although this could mark the “first wave of damage,” it won’t necessarily mean it’s the bottom.<\/p>\n
The actual danger, though, comes if XRP loses $0.94. ChatGPT warned that the asset’s path to $0.90 will be wide open. If panic accelerates, the next precise downside zones are $0.87, $0.82, and $0.78, which align<\/a> with some popular analysts’ views on the token’s potential bottom.<\/p>\n The worst-case scenario for XRP in July would be a crash to $0.65, ChatGPT said.<\/p>\n “That level matters because it sits far enough below obvious support to flush late buyers, liquidate leveraged longs, and reset sentiment completely. It would represent a 35% collapse from $1.00 and a nearly 40% drop from the current $1.05 area.”<\/p>\n<\/blockquote>\n OpenAI’s solution outlined a different scenario in which the XRP bulls defend the $1.00 support and the broader market’s environment improves, or at least doesn’t deteriorate further. Ripple’s token would need to reclaim the first major resistance levels at $1.08 and $1.10 before it can receive some breathing room, as such a rebound would invalidate the bearish thesis of a plunge below $1.00.<\/p>\n However, until XRP indeed goes beyond $1.10 and closes above it, every bounce will appear less like recovery and “more like another chance for sellers to reload” and push it south to under $1.00 territory.<\/p>\n The post How Low Can XRP Go in July if $1 Support Falls? ChatGPT’s Worrisome Predictions<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n\n
On the Contrary<\/h2>\n
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