XRP Down 22% In 7 Days: How Low Will It Go?

XRP (CRYPTO: XRP)is down 22% over the past seven days, but traders see signs of a potential relief rally if sentiment around Ripple remains positive.

Trader Notes: Ali Martinez, a crypto chart analyst, noted that XRP's TD Sequential indicator is flashing a buy signal, indicating a possible rebound.

Crypto trader CrediBULL Crypto said he closed all hedge shorts on XRP as its BTC and ETH pairings remain strong. He's waiting for potential long entries at $1.60 if the price dips below $1.80.

Another trader, Crypto Bitlord, sees $2 as a critical support level—if it holds, his next target is $7. If it breaks down, he warns of a potential drop as low as $0.20.

Community News: The upcoming Native Programmability update will enhance permissionless development, allowing institutions to create scalable and compliant solutions.

Crypto Twitter is buzzing with rumors that the SEC may withdraw its appeal, which could remove a major legal overhang for XRP.

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