XRP is facing a decline in price and is currently in a "freefall" phase. Analysts have identified a potential Head and Shoulders formation, which is a bearish signal. The $2 support level is crucial in determining whether this pattern will lead to further downside movement. A close below $2 could signal a further decline, with a projected price target of $1.20 to $1.17. Analysts also warn of a major downfall if XRP sustains a dip below $2. The market sentiment for XRP is becoming more bearish, even among optimistic analysts.



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