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- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
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Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
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Ripple’s XRP to See a 50% Crash in Price? Analysts Share Short-Term Outlook
The outlook for Ripple’s XRP is both positive and negative, with analysts highlighting bullish and bearish patterns. According to prominent, self-proclaimed market wizard Peter Brandt, a head-and-shoulders pattern has formed on the XRP daily chart
The formation hints at a potential drop in price value, and according to the analyst, XRP could drop to lower levels of $1.07 or $1.90 in the near term. A break below the $3 price level weakened the H&S model, and a continuous consolidation in price could result in a massive 55% drop in price value.
“Updating a chart for those interested, I have no vested interest up or down. XRP is forming a textbook H&S pattern. So, we are now range-bound. Above 3.000 I would not want to be short. Below 1.9 I would not want to own it” he wrote in a post shared to X
Conversely, market analyst Javon Marks sees a more favorable outcome in the near term. According to his assertion, a trend reversal is in view, courtesy of XRP’s price and relative strength index (RSI) breaking through a descending wedge.
“XRP’s Price and RSI has BROKEN OUT TO THE UPSIDE! The last breakout resulted in a roughly +570% price increase and prices can be ready for another substantial surge.” He asserted.
XRP is trading for $2.17 at the time of this report. Down 2.31% from its all-time high of $3.84, XRP has lost 7% of its value over the past 24 hours. Weekly losses have yet to be cleared, and XRP has emerged as the highest loser today.