German National TV Speaks on XRP Downturn, Shares Condition for a Run to $16

Germany’s leading finance channel, Der Aktionär TV, recently examined the latest XRP drop amid the ongoing Bitcoin and broader market downtrend.

For context, as Bitcoin slides into the $90,000 range, XRP has fallen to the lower end of the $2 region, currently trading at $2.13. Tokentus Investment CEO Oliver Michel joined the program to explain the volatility and to present the conditions that he believes could push XRP toward $12.

Host Johanna Kramär pointed out the XRP market crash. She stressed that XRP has moved with the broader market despite its recent spot ETF launch, asking Michel whether XRP showed key levels similar to Ethereum, which the Tokentus CEO analyzed earlier in the segment.

XRP Usually Rallies from Range Lows

Responding, Michel said Tokentus has continued to track a long-standing XRP price range between $2 and $3. He explained that XRP recently sat in the middle of this band but now leans toward the lower side amid the downturn.

According to him, XRP usually begins major upside moves from the bottom of its range, not from the middle or the top. As a result, he said he feels comfortable with short-term dips toward $2.20, $2.15, $2.10, and even around $2.00, since those levels still leave room for a rebound.