XRP slips below $1.35 support, $1.25 downside risk intensifies

XRP faced renewed pressure early this week as the cryptocurrency traded near $1.40, following a sharp slide from its late September peak of $1.66 and a brief dip to $1.32 last week. The partial rebound prevented an immediate breakdown, but analysts indicate that the technical outlook remains precarious. Market observers note that XRP now hovers around a crucial support region between $1.35 and $1.38. A daily close below this range could expose the token to further declines, including a retest of $1.30 and a potential slide toward $1.25.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.