Experts are discussing the recent price action of XRP and the importance of holding support around $2 for a continued bull run. XRP experienced a significant drop from $2.58 to $2.18 during the recent market downturn. Analysts are evaluating XRP's current movement and outlining two potential scenarios: an ABC correction or extended bearish movement. The key for XRP is to hold key support levels, particularly the $1.90-$2.00 range. If XRP fails to hold above $2, it could test lower levels, but a rebound from the current trendline could lead to a potential recovery. Some analysts believe that defending the supertrend level around $2 and establishing a bullish consolidation pattern would be a good entry point for buyers. At present, XRP is recovering and trading at $2.37, showing a 6.21% decline over the past 24 hours.



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