Martinez Maps XRP's Bearish Roadmap Down to $0.15 While Inflation Keeps the Fed Hawkish 🪂
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Martinez Maps XRP's Bearish Roadmap Down to $0.15 While Inflation Keeps the Fed Hawkish 🪂

—By our Altcoins & Tokens Desk1 min read

Crypto analyst Ali Martinez outlined a bearish roadmap for Ripple's XRP on X, identifying three accumulation zones at $0.70, $0.32 and $0.15 and warning that the token's price could fall as low as $0.15 if sellers maintain their dominance. The projections came after XRP slipped below the $1.10 support level, with XRP trading around $1.08 on Wednesday alongside a broader slide in major cryptocurrencies.

The latest XRP weakness has coincided with concerns that the Federal Reserve may adopt a more restrictive monetary stance. U.S. CPI inflation accelerated to 4.2% year-over-year in May, up from 3.8% in April, prompting traders to raise their expectations for higher rates and lift the odds of a September hike. Following the June 17 FOMC meeting, Federal Reserve Chairman Kevin Warsh reiterated that the Fed is committed to bringing inflation back to its 2% target, a hawkish posture that has weighed on risk assets including Bitcoin and Ethereum.

Market participants are also tracking potential upside catalysts for XRP. Approval of the CLARITY Act and continued inflows into XRP ETFs could offset the bearish technical setup if approved and sustained, though the analyst's roadmap remains in focus while prices hold below $1.10.

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$XRP$BTC$ETH
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Publishercryptonewsroom.xyz
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CategoryAltcoins

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