Ripple's Prime Expansion Tests XRP Support at $1.40 Amid Broader Market Uncertainty
XRP has retreated to the $1.40 support level as Ripple expands its Prime product suite, according to market data.
This technical threshold has historically acted as a strong floor for XRP, with multiple bounces in the past.
The cryptocurrency's decline appears to be exacerbated by profit-taking after a recent rally and a lack of fresh positive catalysts.
Ripple's product expansion aims to enhance institutional adoption by providing better custody and liquidity solutions, potentially supporting XRP's price over the long term.