XRP: $2 Level Under Pressure; Bitcoin Near Turning Point, Solana Plunges

The cryptocurrency market experienced significant shifts this week with XRP, Bitcoin, and Solana facing critical turning points. XRP is currently hovering near the $2 mark, a key psychological level that could influence its future trajectory. The asset’s current price action suggests a potential shift from recent gains to a correction, as indicated by technical indicators like the 50 EMA crossing below the 10 EMA and the proximity to a crucial support level at $2. Experts warn that if XRP fails to hold this pivotal zone, it could trigger a sharper decline potentially impacting its long-term rally.