XRP Struggles to Hold Key Support as Selling Pressure Persists

XRP is currently facing significant volatility after a sharp rally to $1.69 last week met strong resistance, causing it to fall below $1.40.

This pullback has left traders wondering whether XRP will hold its key support level at $1.36 or break down further toward $1.28.

An analysis by The Crypto Basic suggests that short-term selling pressure remains in both spot and derivatives markets, indicating continued uncertainty for the token's near-term trajectory.