Ripple (XRP) has fallen below the crucial $1 psychological level in August and is facing renewed downside risk. Analysts predict the cryptocurrency could decline another 20% to 40%, with the target accumulation zone between $0.85 and $0.65. The token has lost over 70% of its value since July 2025. Despite this weakness, several major Wall Street firms, including Jane Street Group, Bank of America, and Morgan Stanley, increased their XRP ETF positions in the second quarter, signaling growing institutional interest despite market volatility.
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