While most digital currencies have faced price declines, XRP has experienced a greater drop and is fluctuating around $2. Analysts speculate on the potential of this asset in the current market cycle and have identified a crucial support level that needs to be maintained; otherwise, XRP may plummet towards $1. Market analyst Andrew Griffiths believes that losing the $1.98 level could lead to a rapid decline in XRP price. Conversely, another analyst named MAGIC has predicted that if XRP bounces back from this support level, it could resume its upward trend and move towards setting a new price record. XRP’s price has dropped by 6% in the past 24 hours and is striving to maintain the $2 level.
Discover XRP's struggle to stay within the $2 range and whether it will rise or fall further. Learn about analysts' predictions and market trends.