Analysts caution of XRP price drop below $2.15 as Ripple faces bearish signals. Stay updated on digital currency prices with real-time data.
The price of Ripple (XRP) has dropped over 13% today, reaching $2.15, while its daily trading volume surged by 179% to $10.19 billion. Analysts warn that if XRP fails to hold the $2.30 support level, it may plummet to $1.60. The Relative Strength Index (RSI) indicates a potential price reversal as it nears oversold territory. Despite some positive news about Ripple, uncertainties surrounding XRP reserves in the U.S. have kept its price under pressure.
