XRP falls below $1.25 support, targets $1 as election outcome weighs

XRP Update, a well-followed crypto analyst active on X (formerly Twitter), issued a warning to XRP traders after the cryptocurrency dropped below a key support at $1.25. Market participants had been monitoring this area closely amid heightened selling pressure, and the break triggered renewed concerns over further downside. After failing to reclaim the $1.3128 level earlier this month, XRP hovered close to $1.25, a zone that had previously held up during multiple bouts of selling. On Friday, this support finally gave way, sending XRP down to $1.2382, a daily decline of over 5% at the time of the analyst’s post. The analyst emphasized the importance of the next support zone, stating, “$1.20 is next.

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