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XRP at a Make-or-Break Level: What’s Next?

RP is currently sitting at a critical support level of $2.29. 

XRP Chart (Source Coingecko)

The Relative Strength Index (RSI) is at 29, which means the asset is in oversold territory. Normally, this could signal a possible bounce, but selling pressure is still strong in the market.

There might be a short pullback to around $2.35 as the market attempts to cool down the RSI. 

However, if XRP fails to hold the $2.29 support, the next key support zone is near $2.20.

This is a crucial moment for XRP. 

A bounce from here could lead to short-term relief, but a break below could trigger further declines. 

Traders should keep a close eye on how the price reacts at these levels.

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