[Ripple (XRP) $1 Retest Scenario] Market outlook surrounding the future price movement of Ripple (XRP) is mixed. Cryptocurrency analyst Kan Kaya recently stated via social media that a scenario is being discussed in the market where XRP could retest the $1 level within the next 30 days.

[Weakening Upward Momentum and the Core of Supply and Demand] Kan Kaya recently analyzed that XRP's upward momentum is weakening, and key support lines are being repeatedly tested. He also explained that even during the rebound process, buying pressure has not fully regained control. Market participants are focusing on what kind of supply and demand reaction will appear at this price level, rather than simply whether it reaches $1. If strong buying pressure flows in, it could be interpreted as a signal confirming a mid-to-long-term bottom. Conversely, if selling pressure remains dominant, the possibility of further expanded volatility is also raised.

[The Bitcoin Variable and Market Directionality] However, as the entire cryptocurrency market is currently highly influenced by Bitcoin's movements, some analyses suggest it is difficult to explain the price based solely on XRP-specific variables. This $1 scenario is a specific analyst's forecast, and the actual market may vary depending on Bitcoin's directionality and changes in global investment sentiment.

The current XRP market is interpreted as a phase searching for directionality. Experts evaluated that it is necessary to simultaneously check trading volume, supply and demand changes, and the shift in the buying-selling balance exhibited at this price level, rather than focusing solely on short-term price fluctuations.

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