XRP Price Under Pressure: Analyst Predicts Potential Drop to $2

The price of XRP is facing downward pressure, with analysts predicting a potential decline towards the $2 support level. Following rejection at the $2.64 resistance zone, XRP experienced a 8% drop to around $2.42. This bearish trend is attributed to weak momentum and lower highs, indicating a continued bearish outlook for the cryptocurrency. Expert Ali Martinez highlights this potential drop as he believes XRP could revisit the $2 support unless buying interest surges.