The crypto market is facing heavy pressure, and XRP has not been spared. In the last 24 hours, XRP has dropped over 15.5%, breaking below the key level of $1.90.
This sharp decline has left traders wondering — what happens next?
Currently, XRP is testing a critical support zone around $1.78.
This level could determine the next major move. If the price fails to hold above $1.80, the market might see a deeper correction, possibly dragging XRP down to $1.70 or even $1.50.
But XRP isn't the only one struggling.
The broader crypto market is also showing signs of weakness:
- Bitcoin is now trading under $78,000
- Ethereum has dropped below $1,600
This overall bearish sentiment could weigh further on XRP unless we see a quick bounce.
Despite the current weakness, crypto markets are known for their fast and unexpected reversals.
If XRP manages to reclaim the $2.00 level, it could spark a recovery and re-ignite bullish momentum.
For now, traders should keep a close eye on the $1.78 support. A break below it could trigger more selling, while a rebound above $2.00 might bring the bulls back into play.
What do you think — is this just a dip, or the start of a bigger correction?
Stay updated and trade safe!
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