XRP’s Short-lived Rally May Signal a Drop Back Below $2.0, Analyst Warns

XRP briefly climbed above the $3 mark in recent days, but this advance remains tentative and analysts predict a potential reversal to around $1.9 if current support holds fails. Chart patterns indicate a downward trend for XRP since December, with a descending channel shaping its price action on weekly charts. Crypto analyst CoinsKid has warned that losing the bull market support band could trigger a drop to $1.9, erasing recent bullish momentum.