news 
XRP’s Breakdown Approaches – Will $2.00 Hold, or Is a Plunge to $1.50 Unavoidable?
As the cryptocurrency market continues to witness significant volatility, XRP has been no exception. The digital asset is currently trading at $2.07, with many wondering whether it can hold onto this level or if a plummet to $1.50 is inevitable.
The descending channel that has guided XRP’s price movement for months remains in play, with the cryptocurrency stuck in a bearish trend. This has led experts to forecast further losses if key support levels fail to hold.
A crucial psychological threshold lies at $2.00, which needs to be maintained to avoid further selling pressure. However, the RSI (Relative Strength Index) is still below 40, indicating overselling conditions and potentially paving the way for a deeper correction.
Source: https://cryptonewsland.com/xrps-breakdown-approaches-will-2-00-hold-or-is-a-plunge-to-1-50-unavoidable/
