XRP Price Plunges, Could Drop Below $2 Amid Market Selloff

XRP has experienced a sharp decline in price, dropping over 5% below the crucial $3 support level. This drop coincides with a broader crypto market selloff, impacting altcoins like Ethereum and Dogecoin. Analysts predict that if XRP fails to hold its current support, it could plunge as low as $2. However, a renowned expert argues that this dip is likely temporary, offering a hopeful outlook for the asset’s future performance.