📉The cryptocurrency XRP, issued by Ripple, has experienced a drop in its price. Support and resistance analyses suggest that, although the current price is around the historical support of 1.30 dollars, it could drop to 1.15 dollars and even 0.90 dollars if the downward trend continues.
📈 Despite the current volatility, there are solid fundamentals that could drive the price of XRP back to new heights: a favorable political environment in the U.S., changes in the SEC, and the potential approval of XRP-based ETFs.
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How far do you think XRP can fall?
😢 = To 0.90 USD, unfortunately!
🥰 = It stays at 1.15 USD, it's its floor.
🔥 = It rebounds strongly, a rally is coming.