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Home›US Markets›Equities›XRP Drops 26% in a Month: Could $0.60 Be Next?

XRP Drops 26% in a Month: Could $0.60 Be Next?

Reported · Written up by our desk · Equities

XRP (CRYPTO: XRP) has extended its monthly decline to 25.5% after a drop to $1. Crypto chart analyst Ali Martinez highlighted XRP’s rejection at the $1.55 resistance level, which marked the upper boundary of its trading channel. It has since reversed toward the channel’s lower boundary near $0.99, erasing its earlier gains. "Now, $0.99 must hold," Martinez warned. He said a breakdown below that support could extend the correction toward $0.80, suggesting further downside if buyers fail to defend the level. Is More Downside Ahead? Crypto trader CrediBULL Crypto reaffirmed his expectation that X

Latest closeXRP $1.027 ▼1.3%

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Sources

BenzingaXRP Drops 26% in a Month: Could $0.60 Be Next?
BenzingaXRP Drops 26% in a Month: Could $0.60 Be Next?

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