XRP is facing sustained bearish pressure and has posted consecutive lower highs since the start of the correction phase on May 12.
Technical analysis suggests XRP price may crash below $2 again in the coming days to the April low.
Despite low bearish volume, XRP's decline continues, and it is important for the crypto to hold above $2.00 to avoid slipping further.
Analyst MasterAnanda remains bullish on XRP in the long term but highlights the possibility of a strong downside if the $2.00 support level is breached.