On Friday, Bitcoin traded near $66,000 and charts showed growing bearish pressure. That weakness pushed leading altcoin XRP down to about $1.30, a 38% monthly loss, and Ethereum fell below $2,000.
Analyst Tara posted a chart on X that set a $1.65 maximum target for XRP. Failure to hold momentum could keep XRP near $1.30 or push it lower.
The analyst predicted a slide to $0.75–$0.85 if selling escalates, reaching a yearly low. (Ed. note: Those levels match lows from October 2024.)
“XRP has ALREADY reached its textbook .382 resistance at $1.53, but the waves on BTC look to be incomplete. A new low on BTC to $52.2k support would bring XRP down to its $0.786 support at $0.87,” The analyst said entering XRP now carries heightened risk while markets stay unfavorable.
