Is XRP Getting Ready for a Bounce?

XRP is currently trading at $1.98, showing a 6.88% drop in the last 24 hours.

The market is in fear mode, with the Fear & Greed Index at 34, and overall sentiment has turned bearish.

But what does this really mean for XRP?

Let’s break it down in simple terms:

In the next few days, XRP might drop a bit more, possibly down to $1.85. This level is an important support zone.

If the price stays above this level, there’s a good chance it could bounce back.

If XRP holds above $1.85, we might see the bulls return.

A strong bounce from this area could lead to another move toward the $2.15 resistance level.

XRP still has strong fundamentals. It ranks among the top crypto projects and continues to be one of the most active in the market.

0If it breaks above $2.15, we could see a rise toward $2.40 and possibly even higher.

While the short-term looks shaky, XRP still has potential.

For long-term holders, this might be a dip worth watching.

The key level is $1.85, if that holds, XRP could be getting ready for its next big move.

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