XRP Price on the Brink: Key Support at $2.00 – What’s Next?

Recent XRP price action has been marked by sharp volatility, with the token experiencing a quick recovery from lows of around $1.90 after dropping to $2.20. While the recent bounce offers some respite, market participants remain focused on the crucial support level at $2.00. Analyst Ali Martinez highlights this key point: ‘The $2.00 level is the critical support,’ he notes. A breakdown below this level could lead to further downside movement towards levels like $1.51, $1.20 or even as low as $0.90.