Sell Pressure Hits XRP’s Price Hard, Is $1 Coming Up?

Ripple’s XRP coin, the fourth largest digital asset across the globe, just lost its grip on the $2 psychological level amidst a 3% market downturn. On Tuesday, XRP’s price moves resembled the broader sentiment, as both Bitcoin (BTC) & Ethereum (ETH) also lost around 3% to retest lower support boundaries at $90K & $3K, respectively. $2.40 Rejection Poses Big Psychological Challenges For XRP, the main issue is a rejection of the $2.40 resistance level that occurred last week. Since then, the OG altcoin dropped another 20% to trade at $1.92 right now, finding foot after bouncing off $1.85 in

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