XRP Price Faces a Potential 20% Drop: Key Levels to Watch
Image: BeInCrypto
XRP is back at the $1 line, and the next break could be costly. The token traded near $1.03 on November 13 after losing around 15% in a week. It briefly slipped below $1 during Friday’s sell-off before recovering, leaving buyers with little room for another setback. The bigger concern is that XRP’s technical structure continues to weaken. A sustained breakdown could expose another 20% decline, even as oversold signals suggest a possible short-term recovery. Why XRP Could Fall Another 20% The most important level now sits near $0.99, the lower boundary of a descending price channel that has contained XRP’s recent decline. An earlier recovery stalled near $1.55, and subsequent rallies have struggled to regain lost ground. The pattern suggests sellers remain in control.
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