XRP Slips Below 200-Day Average as Analysts Split on Next Support

XRP has slipped below its 200-day moving average after a significant rally from its August low. The token's price peaked at $1.50 in early September before settling at $1.35 on September 13, leaving it just under the 200-day average of $1.355.

The breakdown of the demand zone between $1.35 and $1.38, which had held around 3.2 billion XRP, suggests that long-term holders are selling into the decline. This could make the next dip buyer face a thinner floor than expected.

Crypto analysts are divided on the token's next support level, with some predicting a shallow floor near $1.30 and others foreseeing a deeper slide toward levels last seen in the first half of the year.