Ripple's token XRP has undergone a significant fluctuation as the price dropped from over $2.7 to below $2 in just a few days. However, this asset has partially recovered and is currently at a critical level, determining whether it will continue its upward trend or not.

- Earlier this week, XRP received encouragement when Ripple announced the release of a new stablecoin. The price of XRP surged from below $2.4 to above $2.7 before sharply reversing due to a general market decline.

- XRP dropped 28% from its peak to $1.96 but has recovered to nearly $2.4. However, it is currently struggling to maintain above $2.2. This price level is very important for the future price trend of XRP.

- If it holds above $2.2, XRP may continue its upward trend. Conversely, if it breaks below this level, the price may drop to $1.96. The coming days will be crucial to determine XRP's closing price by the end of the year. 📉

- With the recent adjustment, XRP's market capitalization has fallen below $130 billion, losing its third position to USDT.