XRP Drops 6%, Tests Key Support
XRP fell 6% to a multi-week low near $1.88, breaking below the $2.00 support during Monday’s market correction. The price is now testing the critical $1.85–$1.90 zone that has held since the November 2024 breakout.
Analysts warn that a daily close below $1.92 could open the door to a deeper drop toward $1.00. Some traders also see a potential high-timeframe breakdown if $1.88 fails.
However, bulls remain hopeful. Others point to bullish divergence and repeated defense of the $1.80 area, with upside targets of $2.80–$3.00 if XRP reclaims $2.20.
XRP price: ~$1.93 at press time.
