#Is XRP price going to crash again?

XRP price could avoid a potential crash to $1.61 but the bulls must first hold above the $2.00 psychological level to regain their footing.

XRP (XRP) price has recovered from its low of $1.94 reached on Feb. 28, but it’s still trading below a key resistance zone. Will XRP’s price drop further in the coming days?

XRP/USD daily chart. Source: Cointelegraph/TradingView

Today’s drop in XRP price is part of a correction that began on March 3 that saw the relative strength index (RSI) fall sharply following XRP’s drop from $3.00.

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