In recent months, investor enthusiasm for XRP, a prominent cryptocurrency, has diminished. As the momentum wanes, there's mounting uncertainty about whether XRP can maintain its crucial $2 support level amidst decreasing speculative interest and significant sell-offs by major holders.
Since reaching highs earlier, capital inflows have declined, reflecting diminishing confidence, especially among retail investors. As XRP tests this support repeatedly, the broader crypto market's dynamics will be pivotal in determining its next move.