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Jakarta, Pintu News – The crypto and cryptocurrency market is under selling pressure again, including on Ripple (XRP) which analysts recently said has entered the washout zone phase. This term refers to a period of extreme selling pressure release before a potential long-term trend reversal. Amidst the volatility, some analysts think this phase could be an important part of the next price increase cycle.
The washout zone is a market phase when selling pressure is aggressive and emotional. At this stage, many speculative positions are liquidated, causing prices to move down considerably. In the context of crypto, this phase is often thought of as a market cleanup before a new trend is established.
For Ripple (XRP), analysts think that the washout zone does not mean a change in the long-term trend. Instead, this phase often appears at the end of major corrections in the cryptocurrency cycle. Investors are usually asked to focus more on market structure, not short-term price movements.
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In the latest analysis, XRP is said to have the potential to drop to the USD 1.50 to USD 1.08 area before the correction is complete. With an exchange rate of 1 USD = IDR 16,812, the range is equivalent to around IDR 25,200 to IDR 18,100. This zone is considered an area of maximum pressure that often triggers market panic.
However, the price zone is not necessarily an automatic turning point. Analysts emphasize the importance of price structure confirmation once the washout phase is complete. Without confirmation, the downward movement could still continue even if it looks cheap in nominal terms.
Technically, the XRP correction is said to still be within a reasonable wave structure in a large cycle. The selling pressure is considered corrective, not impulsive, so it does not change the long-term bullish framework. This pattern often occurs in the crypto market when the previous euphoria begins to subside.
For novice investors, it’s important to understand that a sharp correction doesn’t always signal the end of a trend. In many cryptocurrency cases, such phases actually precede the next big move. However, the timing is often difficult to predict with high accuracy.
One of the most attention-grabbing statements is XRP’s potential long-term target in the range of USD 20 to USD 30. If converted, this value is equivalent to around IDR 336 million to IDR 504 million per coin. This target is not a short-term projection, but rather a scenario in a continued market cycle.
While this sounds aggressive, analysts emphasize that the target is contingent on the continuation of the long-term impulsive structure. Fundamentals, adoption, and global market conditions still play a big role. Therefore, high price targets should be viewed as a possibility, not a certainty.
Facing a washout phase, crypto investors are advised to prioritize risk management. Extreme volatility can trigger costly emotional decisions, especially for investors without a clear plan. A gradual and disciplined approach is often considered more relevant than aggressive speculation.
In addition, understanding the context of cryptocurrency cycles is key. XRP and other cryptocurrencies tend to move in repetitive patterns that are influenced by sentiment and liquidity. With a medium to long-term perspective, washout phases can be viewed as a natural part of market dynamics.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
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