This price level may represent the deepest downside target before the market catches its footing again. If current levels give way, say if XRP loses its more immediate support zones at $2.2 and $2, the descent toward that boundary would amount to a drop of about 30 to 40%.
At the time of writing, XRP is trading at $2.35, up by 4% in the past 24 hours.
Featured image from Getty Images, chart from TradingView
