Crypto
Analyst bets on XRP decline, warns it may return to $1
Crypto trader Wealthmanager said he opened a $50,000 short position in XRP after warning holders as the token fell to its lowest level since 2024. XRP dropped 27.46 percent on the week and slipped below $1.30 for the first time since November 2024. Technical analysis cited risks of further declines, while another analyst, Crypto Patel, pointed to a potential accumulation zone and urged a cautious, gradual approach.
