XRP Struggles Near $2 Support as Bearish Trend Persists

XRP is currently trading at $2.19 after a modest recovery from yesterdays dip, but the asset remains under pressure as it hovers dangerously close to the critical $2.00 support level. Earlier this week, XRP briefly touched $2, raising concerns among investors. While todays rebound offers slight relief, the broader trend remains bearish. The daily chart shows XRP continuing its descent within a well-defined descending channel, marked by consistent lower highs and lower lows. A recent rejection near the $2.35$2.41 resistance zonewhere the 26 and 50 EMAs convergehas dashed short-term bullish…  

Source:: XRP Struggles Near $2 Support as Bearish Trend Persists