2 0
XRP Price Must Hold $1.97 Support to Avoid Bearish Scenario
XRP's price has declined over the past 48 hours, dropping to around $2 after attempts to maintain levels above $2.10 failed. The selling pressure has been moderate, with resistance at $2.165.
XRP Defends Macro Support Zone
- XRP is defending the 0.5 Fibonacci retracement level near $2.03, which serves as a crucial support zone.
- Currently trading at $2.04, XRP rebounded from a low of $1.99 in the last 24 hours.
- The $1.97 level is critical; falling below this could indicate a bearish trend.

Potential Scenarios
- Bullish Scenario: Holding above $1.97 allows for potential gains. A break above $2.41 would suggest stronger bullish momentum, targeting $2.75 to $2.90.
- Bearish Scenario: Falling below $1.97 shifts focus to the 0.618 retracement at $1.64, another major support level.
XRP remains at a pivotal juncture, with macro support being crucial for any significant recovery.
