When XRP Takes a Dive, It’s Time to Panic… Or Not 🤷‍♀️

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So, listen up, crypto enthusiasts! Ali Martinez, the internet sensation known as ali_charts, has dropped some tea on what’s next for XRP. After the third-largest digital currency lost a crucial support level, it seems we’re in for a bumpy ride. 🚀

XRP risks dropping to $2, analyst says

According to the chart Martinez shared (a retweet from his X post on Sunday), XRP has dipped below the critical support level at $3. Now, he’s warning us that XRP might slide down to $2.60, or even plummet to $2. Yikes! 🙈

$XRP just lost another support level at $3, and could be heading to $2.60 or even $2.

– Ali (@ali_charts) August 18, 2025

After reaching its peak at $3.35 last Wednesday, XRP has taken a significant hit, dropping 11.42% and now trades at $2.97 per coin. This is the lowest it’s been since August 6. But hey, at least we can say we’re part of history, right? 🙃

And if you thought XRP had it bad, Bitcoin was flirting with disaster last week, almost dipping below $115,000. According to CoinGlass, a whopping $464.70 million worth of crypto was liquidated that day, with $380 million coming from long positions. Talk about a rough day at the office! 💻🔥

Bitcoin hits new ATH, briefly taking market to the green

But wait, there’s more! On August 14, Bitcoin hit a new all-time high (ATH) of $124,457. Thanks to some low CPI data and the White House officially recognizing Bitcoin as a treasury reserve asset, the crypto world was momentarily glowing. 🌟

However, like a rollercoaster, Bitcoin took a nosedive later that day and continued its descent over the next few days, seemingly reacting to some geopolitical drama in Alaska. The entire crypto market, including XRP, followed suit. 🌊

Since August 14, Bitcoin has shed 7.6% and is currently trading at $115,130 per coin. So, buckle up, folks, it’s going to be a wild ride! 🎢

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2025-08-18 15:13