The post Will It Crash to $1 on March 1? appeared on BitcoinEthereumNews.com.

XRP has fallen more than 8% in the past 24 hours as the digital asset briefly dropped below $2. Egrag Crypto believes that XRP could soar to $320 by the end of 2026.  CryptoBull said that XRP bottom has been reached and set $4 as the next target. XRP has plunged, now ranked fourth by market capitalization, and losing 8.4% in its pricing within the last 24 hours to now trading at $1.99.  Just in the past week, the altcoin was down 23.6%, that has now led investors to ask: a potential $1 crash by as early as March 1st?  But, despite the downturn, prominent analyst Egrag Crypto remains bullish, suggesting that XRP could still reach $320 by 2026. In a post on X (formerly Twitter), the analyst shared a chart indicating that the price could even surge to $800 in an extreme bull case. Egrag Crypto reassured investors that any price below these levels would be a golden buying opportunity. #XRP – Do you Comprehend? If you do not know what you are hodling, SELL NOW and get some Rest. In the next couple of months and years it won’t make a difference at what price you bought #XRP, the only thing you will say I wish I bought more.#XRPFamily Together We Rise. pic.twitter.com/tzpOnzg4vv — EGRAG CRYPTO (@egragcrypto) February 27, 2025 Analyst Optimism and Technical Patterns Similarly, another analyst, CryptoBull, echoes this optimism, asserting that “XRP is bottoming here and then goes above $4!” This claim aligns with the chart below, which depicts a descending wedge pattern, a technical setup that historically precedes strong breakouts. SEC’s February 27 Meeting Outcome Still Not Out The United States Securities and Exchange Commission (SEC) held a closed-door meeting on February 27th, stirring speculation about its stance on the Ripple vs. SEC lawsuit.…

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Filed under: News - @ February 28, 2025 7:21 am