Bearish
XRP Price Plunges 4% Below $1.30 as Bearish Pressure Shatters Key Support Level
28.05.2026 07:48
XRP (XRP) experienced a sharp decline of 4% in the last 24 hours, falling below the critical $1.30 support zone. Heavy selling pressure overwhelmed buyers, breaking through a previously established support level that had held for several days. The drop signals increased bearish sentiment in the market, with traders closely watching for further downside risks. Technical indicators suggest that if XRP fails to reclaim the $1.30 level quickly, the next major support could be tested around $1.20. The broader cryptocurrency market also faced headwinds, contributing to XRP's weakness.
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