XRP Tumbles as Key Support Level Looms

XRP's recent price recovery has lost momentum, sending the cryptocurrency into fresh selling pressure.

At press time, XRP is trading around $1.40, down 3.35% over the past 24 hours.

This decline raises questions about whether it marks a normal correction or the start of a deeper drop.

XRP is currently testing the $1.35-$1.40 support zone, and if buyers defend this area, the cryptocurrency may stabilize and begin another recovery.

However, a daily close below $1.35 would weaken the short-term structure and increase the risk of further losses, potentially leading to a fall toward the $1.10 region where the reaction will provide clues about XRP's longer-term trend.