Ripple’s $1B buy-back plan fails to lift price: Can XRP still rebound?

Holding above $2 increases XRP's potential to retest $3 in the coming weeks, while also maintaining a record high target of around $7.75.

Key takeaways:

XRP price dropped 8.75% on Friday despite Ripple’s $1 billion acquisition plans.

A drop toward the $2 support level is possible in the coming days, as bulls pin their hopes on a rebound.

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