#XRPPredictions

XRP $2.15 broke above the moving averages on Monday, but the bulls could not build upon the momentum.

The price turned down on Wednesday and has reached near the solid support at $2. Buyers are expected to vigorously defend the $2 level as a break and close below it could signal the start of a new downtrend. The XRP/USDT pair could descend to $1.61 and, after that, to $1.28.

Contrary to this assumption, if the price turns up sharply from $2 and breaks above the moving averages, it suggests the range-bound action may continue for a while longer.