Veteran Investor Says This U.S. Coming Action Could Drag XRP Price to $0.65

Global markets react swiftly when geopolitical tensions threaten critical trade routes. Energy chokepoints, military escalation, and diplomatic breakdowns can trigger immediate volatility across equities, commodities, and digital assets. Cryptocurrencies such as XRP, despite their decentralized structure, often move in tandem with broader risk sentiment during periods of global instability.

Veteran investor Patrick L Riley recently outlined a high-impact scenario on X, warning that potential U.S. military action involving Iran and a temporary closure of the Strait of Hormuz could send shockwaves through financial markets. In that environment, he believes XRP could fall toward $0.65 before stabilizing near $0.85. He also cautioned that Bitcoin could slide to $16,500 if current structural support levels fail.

Why the Strait of Hormuz Holds Global Significance

The Strait of Hormuz handles a significant share of global oil shipments. Any disruption to traffic through this narrow passage would likely spike crude prices, intensify inflation pressures, and unsettle global markets. Investors typically reduce exposure to high-volatility assets during such crises, seeking liquidity and perceived safety.

Crypto markets often experience sharp drawdowns during macroeconomic shocks. Large holders may de-risk portfolios quickly, which can accelerate price declines and increase volatility across the board.

XRP’s Downside Risk in a Panic Scenario

Riley’s projection of a $0.65 bottom reflects a stress-driven market reaction rather than a forecast rooted in XRP-specific fundamentals. During broad risk-off events, traders often sell liquid assets first, regardless of long-term outlook. XRP could revisit lower support zones if panic-driven selling intensifies.

A stabilization near $0.85 would suggest that buyers regain confidence once immediate uncertainty fades. XRP’s historical price behavior shows that sharp corrections often precede periods of consolidation before recovery. However, macro forces can overshadow project developments in the short term.

Bitcoin’s Structural Vulnerability

Riley also emphasized Bitcoin’s technical positioning. If key support breaks, he believes the market could see a rapid decline toward $16,500. Because Bitcoin frequently sets the tone for the broader crypto market, a deep correction could amplify downside pressure across altcoins, including XRP.

Context and Long-Term Perspective

Geopolitical escalation remains speculative, and markets often price in extreme scenarios before events materialize. Investors should treat such projections as contingency analysis rather than certainty.

While a severe geopolitical shock could trigger short-term volatility, digital assets have historically rebounded once macro conditions stabilize. XRP’s long-term trajectory will continue to depend on regulatory clarity, institutional adoption, and broader market sentiment after any crisis subsides.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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