Bit360
06/15 10:50

XRP is hovering within the $2.00 to $2.18 range, a zone now considered a crucial support level by analysts. Technical analysts warn that this range may not hold much longer. The price action continues to show a pattern of lower highs, indicating that the downtrend may intensify if bullish catalysts remain absent.
LAP Capital reports that XRP’s daily chart is displaying ongoing bearish momentum. Buyers are trying to defend the $2.00 level, but failure to sustain it could trigger a sharper correction. Without fresh fundamentals, such as legal relief or impactful partnerships, XRP risks sliding further into bearish territory in the coming days.
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