XRP Price Analysis: Weakness at Key $2 Support Level
XRP has shown intraday weakness, testing the crucial $2 support. A failure to break above resistance levels has left it vulnerable to further declines. However, bullish signs on the lower timeframes suggest a possible reversal if specific price levels are held, despite the broader downtrend in a longer perspective.
XRP is currently priced at $2.05, with a market capitalisation of $119 billion and a 24-hour trading volume of $1.22 billion. It is displaying a price range of $2.04 to $2.09 during intraday trading, which indicates a period of consolidation amid cautious market sentiment.
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