XRP Price Drops 9%: Relief Rally Erased After Falling Below $1.36 Support

The price of XRP has experienced a sharp decline of 9%, effectively erasing the gains from its recent relief rally. This downturn was triggered by the cryptocurrency breaking below the crucial support level of $1.36. Market analysts are monitoring the situation closely, as this movement signals increased selling pressure and potential for further downside. The failure to hold above this key threshold has shifted short-term sentiment, with traders now watching for the next significant support zone to gauge the asset's stability.