Will Ripple (XRP) plummet to $0.34? Investors are watching XRP closely as it grapples with a critical support level around $0.55. Crypto trader Ali forewarns of a possible robust XRP runs the risk of dropping as low as $0.34 unless bulls can fight back. XRP is currently grappling to maintain its footing at the crucial $0.55 support, and a break below could trigger significant downside. Ripple (XRP $0.620 -1.68%) tackles an uncertain situation as it strives to hold support at the critical $0.55 price mark.

XRP has had a less-than-stellar start to 2025, and concerns are mounting. If the downtrend persists, XRP price could test the support at $0.48, and if that level breaks, it might fall further to $0.43. That means a potential 16,6% price correction. The subsequent part of this insight will explain what the price chart aims to communicate.

The key question is: can XRP hold this crucial level? According to crypto trader Ali, a breakdown below there risks Ripple (XRP) faces a precarious moment as it battles to maintain support at the pivotal $0.55 price level.

While the immediate concern is a drop to $0.34 if support fails, some analysts are looking further ahead. In the worst-case scenario, if XRP follows the trajectory of the 2025 crash, the price could fall below $0.30. However, it’s not all doom and gloom. If XRP holds above... (continue to monitor the situation for updated bullish signals).