XRP price could avoid a potential crash to $1.90, but the bulls must first hold above the $2.20 support level to sustain the ongoing recovery.
XRP (XRP) price has recovered from its low of $1.89 reached on March 11, but it’s still trading below a key resistance zone. Will XRP’s price sustain the recovery or drop further in the coming days?
XRP/USD daily chart. Source: Cointelegraph/TradingView
One of the clearest signs that there is more trouble ahead for XRP is the presence of negative funding rates and decreasing open interest (OI) in its futures markets.
