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XRP Price Drops to $1.41 Amid US Jobs Data, But Analyst Sees Breakout Opportunity

Guavy AI Editorial Team
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XRP
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XRP's price dropped to $1.41 following strong US employment data that increased the probability of a Federal Reserve rate hike to 51%, triggering a broader crypto market selloff.

Despite this drop, XRP remains active with high spot volume and ETF inflows exceeding $1.66 billion.

Analyst Ali Martinez highlights $3.66 as a key monthly resistance level for XRP, and notes that a close above it would confirm an ascending triangle breakout with a long-term target near $60.

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