XRP has been under pressure amid the ongoing crypto market correction, with buyers closely watching key support levels. Analysts have pointed to crucial price zones that could determine whether the asset rebounds or sees a further decline. Meanwhile, alternative projects such as Ozak AI are gaining attention as buyers look for opportunities in the evolving market landscape.
Ripple (XRP) Faces Key Support Levels Amid Market Uncertainty
XRP has seen a sharp decline recently, with its price falling over 40% in the last four days. During the mid-London session on February 4, XRP was trading at $2.58 after briefly dropping to $1.77. Analysts have identified $2.30 and $1.90 as crucial support levels that must hold to prevent further declines.
Crypto analyst EGRAG CRYPTO warned that a break below these levels could increase selling pressure. “We could see a drop as low as $2.30, with $1.90 being the last line of defense,” the analyst stated on X. Another expert, Ali Martinez, pointed to the TD Sequential indicator, which signaled a sell-off a week ago. The indicator suggested that long holders should have exited earlier to avoid losses.
Whale activity has also pulled the price down and large XRP holders dumped over 130 million coins within the past 24 hours. Moreover, $123 million was through liquidations while the long buyers recorded $98 million. If the XRP fails to hold above $2, the analysts predict a further decline down to the $1.26 base level.
Source :X
Ozak AI Offers an Alternative Amid XRP’s Uncertainty
Despite having relative volatility, XRP continues to attract speculations as more enhanced Artificial Intelligence blockchain companies like Ozak AI come into the spotlight. Ozak AI engages Artificial Intelligence with Blockchain in order to improve predictive analytics, a smart contract, and decentralized applications. The project allows users to develop artificial intelligence models for market forecasts, risk assessment, and investment management.
The Ozak Stream Network (OSN) enables quick and effective processing of assemblages and the Decentralized Physical Infrastructure Network (DePIN) is secure. Consequently, with the utilization of Artificial Intelligence Ozak AI is expected to enhance its decision-making process with the efficiency of the blockchain platform. The platform is designed for scalability, allowing it to handle large volumes of transactions and data.
Ozak AI’s Presale and Potential Surge to $1
The Ozak AI presale is currently in the third stage and the OZ token is currently sold at $0.003. The project has secured well over $780,000 so far and is set to list at $0.05 per share to early investors. Analysts predict that Ozak AI could rally toward $1 by 2025, representing a potential 2000% increase from the current price.
To promote the contest, Ozak AI has established a reward fund of $100,000 to which 100 buyers will be awarded. Moreover, there are also there are more giveaways featuring OZ tokens, which also tends to increase its demand. The increasing adoption of AI and blockchain makes Ozak AI stand out as one of the promising projects in the modern crypto landscape.
For more information about Ozak AI, visit the links below:
Website: https://ozak.ai/
Telegram: https://t.me/OzakAGI
Twitter: https://x.com/ozakagi
