Ripple $2‘s XRP ($2.46) is currently fluctuating at critical levels as of February 6. The price has experienced a decline of over 3% in the last 24 hours, testing the region below $2.50. XRP fell to as low as $2.36 in the same period, indicating potential movement towards resistance points at $2.50 and $2.70. Notably, XRP had dipped to $1.95 on February 3 but managed a rapid recovery.
XRP Price Analysis
Price analysis shows that XRP has historically received strong support at $2.50 and $2.70 levels. A decline exceeding 22% in the past week reflects market volatility. Furthermore, a breakdown below $1.95 could signal deeper price drops.
The long-term chart for XRP indicates that $1.20 is a critical support level, frequently tested following significant market sell-offs. If this level is maintained, it could provide p…
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