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Ripple Price Analysis: XRP Could Plunge to $1.6 if This Support Fails

  • Ripple's price is declining along with the crypto market and may continue to drop if Bitcoin doesn't recover soon.
  • On the XRP/USDT chart, the price is testing the $2 support level and could decline towards the 200-day moving average at $1.6.
  • The XRP/BTC pair shows Ripple holding on better against Bitcoin, but the 2000 SAT support level is expected to be the next target.
  • The long-term outlook for XRP depends on its ability to stay above the 200-day moving average at 1700 SAT.

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