XRP price is down today as macroeconomic conditions remain uncertain, but a key support level and oversold conditions could soon lead to a recovery toward $3.
XRP (XRP) is down approximately 35% over the last 30 days, as US President Donald Trump’s tariff wars continue to shake the market.
XRP price remains above $2.00 at the time of writing, as several analysts highlight the importance of reclaiming $2.20 for a sustainable recovery.
Egrag Crypto, a crypto market analyst, highlights that XRP trades above a key support zone in the daily timeframe, as shown in the chart below.