Bluntz, Bitcoin (BTC) and Solana (left), one of the analysts who are carefully monitored in the crypto money market, is now foreseen a price decrease for XRP after making correct estimates for Solana (left). Famous analyst, XRP’s parity against Bitcoin (XRP/BTC) decreased deviations and ABC correction, the price may experience a serious decline, he said. This estimation calls for investors’ attention to the XRP and to be prepared for possible fluctuations on the market.

Critical decrease warning for XRP

The anonymous analyst Bluntz, who attracted attention with the correct estimates he made in the crypto money market, predicted a major price drop for the leading Oaln Altcoin XRP in the payment area after the correct predictions of Bitcoin (BTC) and Solana (left) prices this year. Bluntz, 318,000 followers in his share on the X social media platform, XRP’s (XRP/BTC) parity against Bitcoin (XRP/BTC) showed a tendency to be a month (decline). In crypto trade, bear -prone deviations often indicate that an asset has lost bull momentum and may begin to enter a downward trend. Therefore, investors carefully monitor such signals.

Analyst also stressed that the XRP is in an ABC correction against the US dollar. B Bluntz said, “In my opinion, the wave B in the XRP seems to be an optimistic shoulder. If BTC and the left have taught me something, we should not ignore the weekly bear deviations, ”he said. Based on Elliott wave theory, Bluntz states that a being experienced a withdrawal of ABC after a five wave rise. According to this theory, the XRP is expected to complete the ABC correction by declining to approximately $ 1 against the US dollar.

What are the prices?

Looking at the current price levels, XRP is currently traded for $ 2.46. However, the analyst predicts that the price of XRP will fall to around $ 1. Last January, while Bitcoin was traded over $ 100,000, Bluntz stated that Bitcoin had completed a five wavy rise and the market may have reached the summit. He then updated his predictions by stating that Bitcoin showed a bear deviation in the monthly graph. A month ago, the SOL was weakened after losing a level of 220 dollars and showed a bear deviation in the two -week graph.

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