• bitcoinBitcoin (BTC) $ 68,115.00
  • ethereumEthereum (ETH) $ 2,038.68
  • tetherTether (USDT) $ 0.999698
  • bnbBNB (BNB) $ 624.69
  • xrpXRP (XRP) $ 1.38
  • usd-coinUSDC (USDC) $ 0.999904
  • solanaSolana (SOL) $ 86.27
  • tronTRON (TRX) $ 0.307504
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.00

How low can XRP price go after falling under $2?

XRP price crumples toward new lows as Bitcoin and ETH liquidations surge. Is the altcoin’s next stop $0.88?

🔗 Source

💡 DMK Insight

XRP’s decline is alarming, especially with Bitcoin and ETH facing liquidation pressures. As XRP hovers near critical support, traders should be wary of a potential drop to $0.88, a level that could trigger further selling. The current market environment, marked by Bitcoin’s volatility and ETH’s struggles around $2,758.81, suggests a risk-off sentiment among investors. If Bitcoin continues to liquidate, it could drag XRP down further, impacting altcoins broadly. On the flip side, if XRP manages to hold above $1.95, it might attract bargain hunters looking for a rebound. Watch for volume spikes that could indicate a reversal or confirmation of the downtrend. Keep an eye on the broader crypto market sentiment, as correlations between Bitcoin, ETH, and XRP remain strong, influencing trading strategies across the board.

📮 Takeaway

Monitor XRP closely; a drop below $1.95 could lead to a swift decline toward $0.88, while holding above this level may signal a potential rebound.

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