XRP Pulls Back to Key Support Amid Crypto Market Correction
Ripple's XRP has retreated towards its immediate support level of $1.40 amid a broader crypto market cooldown, according to analysis from Mitrade.
This pullback is part of a larger trend where XRP has remained largely in defense mode since last week's 72% rally from $1.00 to highs around $1.70.
Despite this decline, the $1.40 support level is expected to remain resilient and limit further downside risk, preserving recent gains and increasing the probability of a bullish reversal.