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

💡 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.