XRP could crash to $1.25 before this analyst expects a major rebound

XRP is currently trapped in a downward parallel channel, and the "recovery" everyone is waiting for requires a further crash to $1.25 first. While many hope for a moonshot, the technical reality suggests selling pressure hasn't actually bottomed out yet. Only after this further drain can we even discuss a move toward $1.60, and a failure to hold $1.25 would completely invalidate the bullish setup. Is this a necessary "pullback" or the start of a deeper slide? What’s your take?
This summary was generated by AI