XRP Forecast: Will the Token Hold $2.00 or Dip Further?

The XRP price continues to struggle, hovering around the crucial $2.00 support level. Despite recent predictions of a downward trend, today’s trading suggests a tight range between $2.00 and $2.06. While no significant bullish catalyst has emerged, technical indicators suggest further downside pressure on XRP. Analysts highlight that if the $2.00 mark fails to hold, we could see a deeper drop toward $1.95 or even lower. While a bounce is possible, it’s unclear whether this will be sustained without strong market momentum. The future of XRP hinges on external factors like news regarding Ripple and broader crypto market trends.