XRP Prices at Risk as Critical Support Level Tested

XRP is facing increased selling pressure as it tests a crucial support level. Analyst Casi warns that if XRP falls below this level, it could plummet to $1.10 before its next rally.

The cryptocurrency has been on an upward trend, with prices rising 33.5% over the past month. However, recent momentum has stalled, and XRP is now trading around $1.40, down 3.35% in the last 24 hours.

A decisive break above $1.47 would restore bullish momentum for XRP, but if prices drop to $1.10, it could be a sign of a deeper decline. The key question is whether this pullback marks a normal correction or the start of a more significant drop in price.