XRP Price: Near Critical Support, Will it Fall Below $2?

The XRP price has experienced limited volatility in recent days, with potential for a drop towards the crucial support level of $2. A decline below this point is expected to trigger further price drops, although the bulls have held back significant losses so far. 5.34% loss since the start of the week follows a similar downward trend from the weekend, indicating a weakening bullish sentiment. The bears remain in control of the rally. 200-day moving average (MA) at $2.07 provides another crucial support level.