Crypto
XRP Faces Downside Risk as Key Support Level Tests
XRP is facing fresh selling pressure after its recent recovery lost momentum, and traders are wondering whether this decline marks a normal correction or the start of a deeper drop.
The cryptocurrency is currently trading around $1.40, down 3.35% over the past 24 hours but up about 33.5% over the past month after trading below $1.
XRP is testing the $1.35, $1.40 support zone, and if buyers defend this area, it has room to stabilize and begin another recovery. However, a daily close below $1.35 would weaken the short-term structure and increase the risk of further losses.