XRP has fallen below the $2 mark for the first time since early February, amidst the broader market breakdown.
Analysts are divided on XRP's next move, with some seeing potential for a recovery rally if key resistance levels are reclaimed, while others warn of further downside if support levels are not held.
The entire crypto market is struggling as negative macroeconomic conditions and uncertainty weigh on investor sentiment.
XRP is currently trading at $2.13 and needs to hold above $2 level to prevent further downside, with key resistance zones at $2.30-$2.50 for potential recovery.