XRP Experiences Significant Bounce Back After Drop Below $2

Ripple’s cryptocurrency, XRP, recently faced a sharp decline, plummeting from around $2.30 to below $1.80. This drop marked one of the most significant downturns in recent times. However, the digital asset recovered and surged past the $2 mark. As the weekend approaches, XRP exhibits signs of recovery with a daily trading increase of 6.4%, now priced at $2.04. Market analysts are closely watching for new resistance and support levels as the cryptocurrency market experiences volatility.