Overview
- XRP dropped about 9.1% from $1.42 to $1.30 after a clean break below the $1.36 level.
- Trading volume spiked more than 170% above average during the sell-off, pointing to outsized or forced selling.
- A brief bounce to roughly $1.325 was swiftly rejected, establishing another lower high.
- Prior support at $1.36–$1.37 has flipped to resistance, with near-term rallies viewed as corrective.
- Traders say a decisive loss of $1.30 could open a move toward $1.20–$1.22, while $1.47 is the next meaningful hurdle if buyers regain control.