{"id":30317,"date":"2025-08-03T12:27:16","date_gmt":"2025-08-03T12:27:16","guid":{"rendered":"https:\/\/cryptd.in\/is-this-the-time-to-sell-xrp-analysts-eye-a-lower-re-entry-point\/"},"modified":"2025-08-03T12:27:16","modified_gmt":"2025-08-03T12:27:16","slug":"is-this-the-time-to-sell-xrp-analysts-eye-a-lower-re-entry-point","status":"publish","type":"post","link":"https:\/\/cryptd.in\/nl\/is-this-the-time-to-sell-xrp-analysts-eye-a-lower-re-entry-point\/","title":{"rendered":"Is This the Time to Sell XRP? Analysts Eye a Lower Re-entry Point"},"content":{"rendered":"<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Alongside most of the market, Ripple\u2019s native cryptocurrency has posted a violent price correction that has taken it south by over 20% since its recent all-time high marked just a few weeks back.<\/li>\n<li>Analysts are now warning that the asset could be on the verge of another breakdown as it lost a crucial support level.<\/li>\n<\/ul>\n<h2>Deeper Correction Ahead?<\/h2>\n<p>Although XRP has recovered some ground since the plunge this morning to $2.72 (a three-week low), the cryptocurrency is still down by over 10% weekly. The aforementioned key support level that has been breached to the downside is $3.<\/p>\n<p>Numerous analysts believe this line would play a pivotal role in determining XRP\u2019s near-term future. Dropping and closing below it, as Ripple\u2019s cross-border token has done over the past 24 hours, could spell further trouble. In yesterday\u2019s warning article, <em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/4-xrp-warning-signs-flash-is-ripples-price-about-to-tumble\/\" data-wpel-link=\"internal\">cited<\/a> data from Ali Martinez, who went even further by providing more precise selling and re-entry points for XRP.<\/p>\n<blockquote>\n<p>\u201cConsider shorting XRP near $2.98 with a target of $2.48 and a stop at $3.18. Alternatively, setting up buy orders between $2.40 and $2.20 could position you well for the next rebound.\u201d<\/p>\n<\/blockquote>\n<p>Martinez doubled down on his prediction earlier today that a price drop to $2.40 is in XRP\u2019s future, basing his analysis on the TD Sequential metric.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> continues to pull back after the TD Sequential flashed a sell signal on the 3-day chart. The next key support level to watch is $2.40! <a href=\"https:\/\/t.co\/UV1qqdNJV7\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/UV1qqdNJV7<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1951865359671140409?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 3, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Not the Only One<\/h2>\n<p>Micha\u00ebl van de Poppe, another analyst with more than 800,000 followers on X, also weighed in on the matter, highlighting the importance of losing the $3 level. His conclusion aligns with Martinez\u2019s target of $2.40 and a subsequent bounce-off.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$XRP<\/a> made a nice high, but it was a tricky one.<\/p>\n<p>Level lost = deep correction, which we currently have.<\/p>\n<p>Deep correction = interest around $2.40-2.60.<\/p>\n<p>From there, we likely go up again. <a href=\"https:\/\/t.co\/FZBs5reJNO\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/FZBs5reJNO<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1951717888047419734?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 2, 2025<\/a><\/p>\n<\/blockquote>\n<p>Cryptowzrd also noted that XRP has closed bearish, even against BTC. However, the market observer <a href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1951812473150930991\" data-wpel-link=\"external\" target=\"_blank\">said<\/a> Ripple\u2019s token will eventually stage a \u201cquick recovery rally\u201d once Bitcoin\u2019s dominance starts to decline again. Recall that the metric dropped from over 64% (on CoinGecko) to under 59% in July during the altcoins\u2019 run. However, it has jumped past 60% once again as the alts got hammered in the past few days.<\/p>\n<p>It goes without saying, but this article is not financial advice. Also, it\u2019s not meant for full-time XRP believers (HODLers) who want to ride the wave for years. Instead, traders and those wanting some adrenaline can use it as a reference, as it\u2019s based on the opinions of some of the most popular crypto analysts.<\/p>\n<p>When it comes to actually selling your crypto bags, you can check <a href=\"https:\/\/cryptopotato.com\/here-are-6-ways-to-know-its-time-to-sell-your-crypto\/\" data-wpel-link=\"internal\">this guide<\/a> for more insights.<\/p>\n<p>De post <a href=\"https:\/\/cryptopotato.com\/is-this-the-time-to-sell-xrp-analysts-eye-a-lower-re-entry-point\/\">Is This the Time to Sell XRP? Analysts Eye a Lower Re-entry Point<\/a> verscheen eerst op <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>TL;DR Alongside most of the market, Ripple\u2019s native cryptocurrency has posted a violent price correction that has taken it south by over 20% since its recent all-time high marked just a few weeks back. Analysts are now warning that the asset could be on the verge of another breakdown as it lost a crucial support [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is This the Time to Sell XRP? 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