XRP Price Plummets 5% as Resistance at $1.43 Holds Strong

XRP's price has dropped to $1.39, down 5% from yesterday's close, after erasing some of this week's gains.

The token broke below its previous quarter value area high at $1.43, an important technical level that had been acting as support but is now resistance.

While XRP briefly reclaimed the $1.43 level following strong ETF inflows and a historically favorable trading window, it failed to hold on to the gain.

The next downside target for XRP is $1.30, although the analyst does not expect a full drop to this price.