XRP' bullish path to $2 likely depends on Bitcoin for support. A healthy retracement to $1.20 could provide the perfect reset.
XRP now finds itself in a critical middle ground, facing several challenges before a bullish run to $2 can take shape.
While a short-term correction appears likely, flipping $1.20 into solid support is essential. Without this, reigniting FOMO and confirming a stronger bottom could prove difficult.Amid heightened volatility, investors seem to have shifted toward altcoins, opting for relatively safer bets over high-risk plays – an opportunity XRP bulls must seize to keep prices within the $1.40 band.
Although whale activity has likely encouraged HODLers to stay committed, the current market volatility means there’s still a strong chance that more weak hands could be shaken out.around a potential bullish Thanksgiving rally for Bitcoin, which might see a rebound to $99,000, this “social-media-driven” momentum could push altcoins, including XRP, to break key psychological resistance levels.
This cycle is now depending heavily on an external catalyst to dispel the notion that $99K could be a potential top for Bitcoin.
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