Ripple (XRP) Price: Slides Toward $1.30 as $300 Million in Longs Get Wiped Out

TLDR XRP is trading near $1.33 after a failed push toward $1.40, with the $1.30 support area in focus. The XRP Ledger bug fix is delayed to November after validator support fell to 26 from 35. US spot XRP ETFs took in about $709,000 on Wednesday, with cumulative inflows at $1.8 billion. Over $300 million in long positions were liquidated in 24 hours, and the long-to-short ratio fell to 0.71. Resistance sits at $1.34 and $1.38, while support levels are $1.26 and $0.94. XRP is sliding toward $1.30 on Thursday, giving back gains from earlier in the week. The token traded near $1.33 after buyers failed to hold a push toward $1.40. The broader market is also lower. Bitcoin (BTC) slipped below $82,000, and Ethereum (ETH) fell to around $2,400.

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