Ripple's XRP is currently down by over six percent, trading at $2.22. The top 10 coins, including Solana and Dogecoin, are also experiencing losses. Analysts suggest that XRP may be undergoing a larger correction or entering a consolidation phase. The immediate resistance for XRP is between $2.30 and $2.53, while the key support level is $1.96. If XRP drops below this level, it could trigger further selling, potentially pushing the price lower. However, if XRP remains above $1.96, it could eventually break higher and test the resistance zone. If XRP breaks below $1.96, further downside risk could occur, potentially reaching the lower support zone between $1.39 and $1.80.



Other News from Today