XRP Price Plummets Below $2: What This Means for the Future

The cryptocurrency market is experiencing heavy losses, with XRP following suit as it plunged below the key psychological support level of $2. After weeks of holding steady around that level, XRP has now fallen to $1.98, marking a significant technical breakdown. This drop coincides with a wider market correction, where major tokens have dropped by 5-10% in the last 24 hours. This is more than just a temporary dip; it signals potential further losses for XRP and raises concerns about its future performance. (See chart here.) [Insert a relevant chart showing the XRP price change over time.]**