XRP Tumbles Toward Key $1.00 Support as Analyst Warns of $0.87 Drop

XRP is facing a critical moment as it edges closer to its key $1.00 support level.

According to recent market data, XRP has traded at $1.05 and fallen 4.7% in the past 24 hours, with a 7% drop over the week.

The token's monthly gain is now just 0.43%, while it remains down 42.68% year-to-date.

Analyst Casi warns that bearish wave patterns could push XRP toward $0.87, citing tight price action and balanced liquidations as factors contributing to increased volatility.