The price of XRP has recently been on the radar of investors in the ongoing cryptocurrency market crash. However, one of the leading market experts has identified key levels for the original Ripple cryptocurrency and predicts a possible fall to less than $2. So here we will explore what awaits XRP and the important support levels that the cryptocurrency should have.

The price of XRP is under serious threat, key levels have been identified
One of the well-known analysts recently shed light on the weakness of XRP, pointing to the 21-day exponential moving average ## #EMA #DOGE as a key indicator. EGRAG CRYPTO expert noted that the cryptocurrency market downturn has put XRP at risk of falling, with support levels at $2.30 and $1.90, which could become the last lines of defense.
"We can see a fall to $2.30, with $1.90 being the last line of defense," said expert X. Despite the pessimistic forecasts, they also speculated that this fall could present a buying opportunity and urged investors not to let fear dictate their decisions.
What's next for the XRP price?
The value of XRP will depend on the interaction with key support levels in the conditions of growing volatility in the cryptocurrency market. If the price holds above the $2.30 mark, a recovery can be expected. However, a fall below the $1.90 level may trigger an even stronger wave of selling.
And it is worth noting that the price of XRP fell by 15% to $2.43 at the time of writing, with trading volume increasing by 448% to $35 billion in one day. Nevertheless, the relative strength index of the cryptocurrency is 34, indicating a future upward momentum of the asset. However, the open interest percentage for XRP futures has decreased by 35%, reflecting a bearish market sentiment.