XRP fell below $2 due to Trump’s tariff comments, leading to a 4% drop in the past 24 hours with a surge in trading volume. Despite the dip, a bullish recovery is possible if buyers return. Resistance lies at $2.30 to $2.50, with support at $2.00 and potential deeper pullback if not held.
XRP saw a failed rally, dropping back to $2.00. A clean breakout above $2.05 and $2.10 with rising volume is needed for a bullish outlook. The dragonfly doji signals a possible bounce if price stabilizes, but $2.00 support must hold for a positive trend continuation.
The failed push for XRP indicates a range or deeper pullback if $2.00 support does not hold. Resistance is at $2.30 to $2.50, while support levels are at $1.97 and $1.80. A higher low formation and reclaiming $2.30 to $2.50 zone are crucial for a bullish path forward.
Read more at Yahoo Finance: XRP Slips Below $2 After Failed Rally, What’s Next?
