As XRP Price Recovers It Must Defend this Support to Reclaim $3
The post As XRP Price Recovers It Must Defend this Support to Reclaim $3 appeared com. Key Insights: XRP price recovered over 6% in 24 hours despite struggling near the $2 mark. The hike comes after a broader crypto market selloff and XRP ETF optimism. Top experts reveal XRP price to hit $3 if it reclaims a key support level ahead. XRP price has continued to stay in the red, struggling to stay in the positive territory over the past few days. Notably, the recent dip of Ripple coin below the $2 mark has further fueled discussions over how low the crypto might go in the coming days. It’s worth noting that the continuing dip comes despite the hype over the XRP ETF launch in the US. In addition, the altcoin ETF market has recently heated up, with Dogecoin, Solana, and others also in the spotlight amid their ETF launches. Despite that, the positive developments have failed to lift the market sentiment. In addition, a brutal crypto market crash yesterday, with Bitcoin and top altcoins recording double-digit percentage losses, has spooked traders. Over the last couple of days, the market has suffered quite a few setbacks, in that, Bitcoin price slipped near $80,000, and Ethereum price went lower to $2, 600, among other developments. Now, let’s take a quick tour of the major support and resistance levels for XRP price, which might provide further cues on the potential future movement of the coin. XRP Price Recovers After Broader Crypto Market Selloff XRP price today displayed over 6% recovery in 24 hours, and traded at $2. 03 at the time of writing, rising from a 24-hour low of $1. 8. Notably, the trading volume of the asset has continued to fall significantly by over 50% to $3. 6 billion, indicating declining activity in the market. The Ripple coin price has slipped to as low as $1. 89 in the last 24 hours,.