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Despite consolidating in a close range between $2.16 and $2.25 in the past 24 hours, BLOCK BULL believes that a setup on the XRP chart could mark its shakedown in According to the analyst, XRP could bottom out at $0.15 in the coming months due to various macroeconomic factors. However, he predicted that the crypto would jump above $0.40 after consolidation but not remain at the top for long. In the short term, the immediate support level is between $1.85 and $1.90. If this level fails, the next support is around $1.70. The DTX Exchange’s presale round has 85% Price targets between $19 and $45 are being considered if XRP repeats past cycle behavior, with $27 as a conservative estimate. Ripple (XRP) is facing a wave of short-term price turbulence

Ripple (XRP) is facing a wave of short-term price turbulence, leading many investors to ask: When could XRP bottom out? What is the short term target? Analyzing the current market conditions and expert predictions is crucial for navigating this volatile period. Some analysts believe XRP could bottom out at $0.15 in the coming months due to various macroeconomic factors. However, BLOCK BULL offers a different perspective. Despite consolidating in a close range between $2.16 and $2.25 in the past 24 hours, BLOCK BULL believes that a setup on the XRP chart could mark its shakedown. According to the analyst, XRP could bottom out at $0.15 in the coming months due to various macroeconomic factors. However, he predicted that the crypto would jump above $0.40 after consolidation but not remain at the top for long.

Understanding the potential bottom and short-term targets requires careful consideration of support levels. In the short term, the immediate support level is between $1.85 and $1.90. If this level fails, the next support is around $1.70. Monitoring these levels is essential for identifying potential buying opportunities.

Looking beyond the immediate short-term, longer-term price targets are being discussed. Price targets between $19 and $45 are being considered if XRP repeats past cycle behavior, with $27 as a conservative estimate. However, these are based on hypothetical scenarios and past performance, which is not indicative of future results.

It's important to note that the cryptocurrency market is inherently risky. While projects like the DTX Exchange’s presale round has 85% success, investing in XRP, or any other cryptocurrency, involves the potential for significant losses. Always conduct thorough research and consider consulting with a financial advisor before making any investment decisions.

In conclusion, predicting the exact bottom for XRP is difficult, but analysis suggests potential short-term support levels around $1.85-$1.90 and $1.70. Some analysts foresee a deeper bottom at $0.15. Stay informed and exercise caution when trading Ripple (XRP).

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