URGENT: XRP Maintains $2 Amid Bitcoin's Drop Below $90K, But Will the Support Last?
Market Reaction to Bitcoin's Drop: Bitcoin's sharp decline below $90K triggered panic in the crypto market, but $XRP managed to maintain its position around the $2 support level, despite showing signs of weakness.
XRP Price Analysis: XRP faced strong resistance at $2.20 and is currently testing the crucial $2.00 support level, with bearish momentum indicators suggesting that sellers are still in control.
Potential Price Movements: If XRP fails to hold the $2 level, the next downside targets are $1.80 and $1.70–$1.72, with a worst-case scenario potentially dropping to the $1.50 zone if Bitcoin continues to decline.
Market Sentiment: The overall market environment indicates a possibility of a short-term bounce for XRP, but a larger drop is expected if the bearish trend continues, reflecting broader market fears rather than XRP's individual strength.
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