XRP is facing potential support near $2 as an analyst’s chart suggests a correction phase forming on the Binance daily pair. The analysis indicates a descending structure with dotted projections suggesting a move toward the crucial $2 level. This pattern, if confirmed, would mark a significant retracement from recent highs observed earlier this quarter. Key points include a potential rebound and historical support levels. Technical traders are watching this $2 mark closely as a significant support level based on past chart movements. XRP’s price behavior is being closely monitored by market watchers as they anticipate the emergence of a new trend after a period of consolidation.