The post XRP Price Won’t Dip Below $2, Here’s Why appeared first on Coinpedia Fintech News
Crypto prices are down today due to the rising tensions in the Middle East. XRP fell to $2.16, while Cardano (ADA) and Solana (SOL) dropped over 1%. Ethereum (ETH) also dipped 0.7%, giving up its recent gains.
XRP is trading around $2.159, down 0.3% today, after failing to hold above the $2.30 resistance zone. After a rally to $2.35, sellers regained control, and pushing the price back toward $2.11.
Earlier, XRP had surged above $2.40, exciting traders and fueling hopes of a breakout. But the rally didn’t last. The price fell back near $2.15, turning what looked like a bullish breakout into a fakeout. The brief spike was driven by whale activity, hopes of an SEC settlement, and strong sentiment, but the momentum faded soon.
XRP Stuck in a Tight Range, Will It Revisit Lower Levels?
Now, XRP is stuck in a narrow range between $2.00 and $2.50. Analysts say a breakout above $2.50
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