Crypto
XRP Price Targets $1.70, But Recent Breakout Momentum Fades
XRP traded near $1.37 on Sept. 1 after retreating from its August peak near $1.70, leaving traders divided over whether its recent breakout remains intact.
The token fell approximately 0.6% over 24 hours and 8.2% during the preceding seven days, according to crypto.news data. XRP remained up 25.9% over 30 days following its recovery from the $1 area.
Analyst Ali Martinez placed XRP's next target at $1.70 after calling resistance cleared this week. However, price had already moved back below the breakout area by the time of reporting.