Will $XRP survive if the market collapses like in 1929?

The US Stock Market is flashing red. Valuations on many metrics have skyrocketed to levels not seen since the Great Depression, the crash of 1965, and the Dot-com bubble of 1999. Despite these warnings, the S&P 500 has just set a new all-time high, causing investors to worry about how long this bullish run might last. For cryptocurrencies like XRP, which often move in tandem with risk assets, the risk is very high. If Wall Street collapses, the price of XRP could face strong selling pressure. If optimism remains, the price may find a basis for recovery. The current chart shows that XRP is on the brink. XRP Price Prediction: Will the Collapse of the US Stock Market Affect the Price of XRP? The global market is showing concerning signals. The valuation of American stocks is currently higher than during the biggest recessions in history, including the years 1929, 1965, and 1999. Bloomberg data shows that stocks are at their highest percentile ever, just before events that caused the Great Depression, prolonged bear markets, and the collapse of the Dot-com bubble. With Wall Street dismissing recession fears earlier this year, investors are now faced with a serious question: if stocks plunge, what will happen to cryptocurrencies like XRP? Market Valuation of the Stock Market and Why It Matters for XRP Price?

Current stock indices—the P/E ratio, price to book value, market capitalization to GDP, Tobin's Q index—are all at record high levels. If a correction or collapse occurs, liquidity in risky assets will decline. Historically, cryptocurrencies have not been immune to the severe downturns of the US Stock Market, as seen in the collapse due to COVID-19 in March 2020. The liquidity crisis forces investors to sell both stocks and digital assets, creating a correlation even in markets designed to be alternative markets. For XRP, the risks are very clear. If the S&P 500 eventually collapses, the outflow of capital from speculative assets could drive the price of XRP lower before finding new buyers at a reasonable price. XRP Price Prediction: Bearish Pressure is Increasing

Looking at the chart, XRP has recently broken away from a strong bullish trend in July and has been on a downward trend throughout August to early September. The price is currently around $2.78, below the Bollinger middle band at $2.96, indicating bearish momentum. The candles are tightening near the lower band at $2.73, often signaling a continuation downward or setting up for a rebound reversal. The main support levels are marked near $2.60 and $2.40, while the resistance levels are set at $3.00 and $3.20. A break below $2.60 could accelerate the sell-off towards $2.20, especially if the overall market adjusts. Macro Psychology Meets Technical Weakness The chart of XRP has been weak, showing a series of lower highs since the beginning of August. Now, combine that with the macro risks lurking from overheated stock valuations. If panic engulfs Wall Street, XRP could quickly return to the lower Fibonacci range. On the other hand, if the market avoids a collapse and risk appetite remains intact, XRP could consolidate around the $2.70–$2.80 level and attempt to break above $3. What Could Happen Next? If the US Stock Market crashes in September, XRP is expected to drop to $2.40 and may test the $2.20 level as investors flock to safe-haven assets like USD and gold. However, if the S&P 500 continues to rise, XRP may hold its current support level and aim for a recovery, retesting the resistance level of $3.00. The next two weeks are crucial - keep an eye on the developments of the stock market after reaching an all-time high. Cryptocurrency investors will rely on this to make decisions.