XRP risks midterm drop toward $1.9 support after falling below key $2.7 level. XRP follows Bitcoin’s downtrend after losing key 50-week SMA support. U.S. shutdown delays XRP ETF approval; Evernorth faces $79M losses. XRP price is on the cusp of further midterm capitulation. Crypto analyst Ali Martinez said the XRP price is likely to retest the support range between $1.9 and $2. The crypto analyst noted that the XRP price has been ranging between $3.4 and $1.9 year-to-date (YTD). Having recently dropped below the support/resistance level around $2.7, which coincided with the 50-weekly Simple Moving Average (SMA), the crypto analyst now thinks XRP price is headed to retest its lower border of the YTD horizontal consolidation in the coming weeks. Source: X Three Reasons Why XRP Price Could Sink Further in the Coming Weeks XRP Remains Closely Tied to Bitcoin… Read The Full Article XRP Price Faces Deeper Correction: Analyst Warns of $1.9 Retest Ahead On Coin Edition .
