CryptoStatCoins

Bearish

XRP Drops Below $1.35 as Triangle Breakdown Shifts Focus to $1.30 Support Level

XRP Drops Below $1.35 as Triangle Breakdown Shifts Focus to $1.30 Support Level
XRP has slipped below the $1.35 mark following a breakdown from a symmetrical triangle pattern, intensifying bearish pressure and shifting market focus to the critical $1.30 support zone. The technical breakdown suggests potential further downside if the $1.30 level fails to hold, with traders closely monitoring for a possible retest of lower supports. The move comes amid broader market volatility, with XRP's price action reflecting increased selling momentum. Key resistance now lies at $1.40, while a sustained break below $1.30 could open the door for a decline toward $1.20. Volume analysis indicates rising sell pressure, reinforcing the bearish outlook in the short term.
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