XRP News: Grim Prediction Sparks Trader Anxiety and Shift to Remittix

In the ever-volatile world of cryptocurrencies, a recent prediction by a veteran trader has sent ripples of anxiety through the Ripple (XRP) community. With key resistance and self-pressure mounting, traders are seeking greener pastures, and Remittix is emerging as a popular alternative.

Veteran Trader Makes Grim Prediction on Ripple (XRP), Traders Shift to Remittix

A well-known veteran trader has made a terrifying prediction about Ripple (XRP)’s near-term price, causing anxiety among holders. The token faces key resistance and self-pressure, leading traders to become restless. Many are now shifting their capital from XRP to Remittix, a new token designed for payments that is gaining attention due to its real-world application and early signs of explosive growth. Technical indicators suggest caution as XRP momentum slows.

Peter Brandt Predicts XRP Price Decline Based on Head-and-Shoulders Pattern

Popular analyst Peter Brandt has identified a head-and-shoulders pattern in the XRP price chart, projecting a potential decline to as low as $1.07. He highlighted that if XRP loses the $1.9 support, it could witness a freefall to this target. Crypto analyst CasiTrades had also recently suggested a possible drop to $1.54. The head-and-shoulders pattern has caused the altcoin to remain range-bound.

XRP ETF Approval Anticipated; Polymarket Users Optimistic

85% of Polymarket users expect an XRP ETF approval in 2025, up 11% in a month. Nine companies, including Grayscale and Franklin Templeton, have filed S-1 forms for an XRP ETF. Approval hinges on the resolution of the SEC vs. Ripple case, likely within months. The Optimism may stem from speculation that the SEC could withdraw its litigation against Ripple soon.

XRP Must Break Above $3 To Invalidate Bearish Pattern

XRP is facing a pivotal moment after failing to test the $2.60 resistance level. Price action is leaning toward critical demand, and the token is trading sideways in a wide range, reflecting uncertainty in the broader crypto market. Bulls are struggling to maintain momentum, leaving XRP vulnerable to further consolidation or downside. The market’s overall risk-off sentiment is impacting altcoins, and investors remain cautious. Defending key support zones is crucial for XRP to avoid a deeper correction.