Welp, here we are. XRP has finally dipped under the $2 mark — something traders have been nervously side-eyeing for weeks now. That key support? Yeah, it’s toast. And with it, confidence in the short-term trajectory of the coin is, let’s say… wobbly at best.
XRP’s Big Uh-Oh Moment
The markets aren’t just bleeding — they’re kind of gushing right now. XRP, which had been clinging to the $2 level like a cat to a curtain, finally lost its grip. The coin’s trading at $1.98 as of writing, and that psychological “we’re still okay” zone? Gone. Flat-out gone.
This isn’t just another red candle. This feels different. It’s not chaos (yet), but it’s definitely not calm either.
📉 Quick Stats (brace yourself)
- Current Price: $1.98
- 24h Drop: -8.15%
- 7-Day Slide: -8.68%
- Market Cap: $113.6B (yikes)
XRP’s been losing steam for days, but this slip below $2 — it’s kinda symbolic. That level was holding the chart together like duct tape. Now it’s off, and what’s left is… not great.
So What Now? Where’s This Thing Headed?
Okay, so if this downward drift keeps going — and there’s a good chance it might, unless something turns fast — here are the next spots to watch for:
- $1.60 – Got a bounce there during the late 2024 drop, might happen again
- $1.40 – Some volume history, could slow the fall
- $1.20 – The big one. Like, if it hits this, we’re officially deep in correction territory
Could bulls step in? Sure. But if sellers stay trigger-happy, we might see lower. Much lower.
Zooming Out — It’s Not Just XRP That’s Hurting
Let’s be real, this isn’t just an XRP issue. The whole crypto space is in a bit of a tailspin. Bitcoin dipped under $80K. Ethereum’s under $1,800. Asian markets kicked off the week with a full-on selloff, and the dominoes are still falling.
XRP’s just caught in the storm — and unless there’s a sharp reversal, or maybe some unexpectedly good news, this might get uglier before it gets better.
