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XRP Coin price prediction: $0.34 is on the cards for the altcoin?
The altcoin remains under pressure due to whales and Ripple's monthly sell-off. Moreover, court developments regarding the SEC and Ripple case directly affect the confidence of tokens and investors. Meanwhile, crypto analyst Ali Martinez warns of a possible sell-off scenario for XRP Coin. Martinez shared a technical analysis that shows that a multi-year trend is under threat of breakout. In this regard, the analyst said:
XRP is currently trying to hold on to the critical support level of $0.55. If this support fails to hold, be prepared for a possible selling scenario that could see XRP go down towards $0.34!