Will XRP’s Price Rally Hold, or Fall to $1.20?

XRP price is currently hovering near the crucial $2.0 support level. While some analysts believe it can sustain this position, others foresee a potential decline of up to 40%, leading to a drop to $1.20. This uncertainty stems from factors like declining trading volumes and the relative lack of institutional or retail investor involvement. Notably, XRP price recently bounced above $2.0 after briefly falling below it. However, trading volume has drastically decreased by 49% to just $4.21 billion during this recovery period, signaling a weak market sentiment.