XRP Price Faces Critical Support As Analysts Flag Potential 50% Drop Toward $1.00
As XRP attempts to rebound from a recent market pullback, analysts say the token is trading near a crucial support area between $1.85 and $1.92. They warn that failure to close back above $1.92 could trigger a fall of about 50% toward the $1.00 region, a level not seen in over a year. Other traders remain optimistic, arguing that a break above $2.20 might open the door for a 27%–37% rally toward the $2.80–$3.00 range.