XRP Faces Critical Support Level Challenges Amid Market Sell-Off
- Analyst DonAlt reports XRP lost its support at $2.95 after a marketwide sell-off.
- XRP is currently valued at $2.93, marking a decline of over 4% for the day.
- Bitcoin remains stable at $101,342 despite economic uncertainties from potential tariffs.
- BTC’s support and resistance levels are noted at $99,000 and $106,222 respectively.
- Solana trades at $217 with resistance at $250 and next support level projected at $190.
XRP struggles to maintain its key support level of $2.95, risking further declines if not recovered. Meanwhile, Bitcoin shows resilience amid tariff concerns, holding above crucial supports.
Source (2.6)https://dailyhodl.com/2025/02/02/analyst-warns-xrp-holders-might-witness-short-term-pain-updates-outlook-for-bitcoin-and-solana/?rand=59076
