XRP Risks Deeper Drop if $2.75 Support Fails

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XRP is struggling to maintain momentum as its price slips below the key $3 level. On Monday, XRP traded around $2.80, marking a 5% drop in the past 24 hours. Analysts warn that if the $2.75 support fails, the token could slide further toward $2.07.On-chain data shows a rise in NUPL, suggesting profit-taking activity after XRP’s local peak near $3.18. While short-term weakness raises concerns, some analysts remain optimistic, projecting long-term targets above $5.

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