What Next For XRP as Bitcoin Loses $90,000 Again
XRP has recently plunged below the crucial $2.10 support level, raising concerns of a potential deeper correction. Despite a brief rebound from $2.03 amid a 28% volume surge, XRP was unable to maintain momentum above $2.14. Market sentiment remains fragile due to Bitcoin's weak structure and substantial ETF outflows, prompting traders to exit positions. The XRP market has witnessed volatility, trading within a range of $2.03 to $2.15, with a significant volume spike of 177.9 million contributing to the recovery, which ultimately failed to breach resistance levels. The loss of support at $2.10 has turned into immediate resistance, while $2.03 represents the current cycle low. Traders are advised to watch these levels closely, as a failure to hold $2.03 could lead to a deeper decline toward $1.91–$1.73. Overall, without reclaiming $2.15, any potential upturn may remain reactive rather than indicative of a longer-term reversal.
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