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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

XRP is hovering between the $2.90-$3 mark in August and remains trading sideways, struggling below its key support. After reaching an all-time high of $3.65, the altcoin headed south with sell-offs and profit bookings. Its price remains under pressure with traders fearing a major drop due to market uncertainties. It could either wipe out all its yearly gains or skyrocket in the charts, but its next course remains unknown. Source: X / CasiTrades Cryptocurrency analyst Casitrades took to X sharing a chart highlighting that XRP could reach the $4.80 level with key support. The analyst claims that the altcoin could fall to a low of $2.75 but remains above the wave 1 high around $2.65. The altcoin could bottom out at the $2.65 to $2.75 range and end its corrective wave phase. However, after the correction phase ends, Ripple’s native token has a strong chance of heading toward the $3.21 range. Also Read: Japan’s SBI Files XRP/Bitcoin ETF as 80% of Banks Adopt Ripple Tech Key Support Cou...