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Crypto & Bitcoin

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

Reported by Onur Atam, CoinTurk News

Image: CoinTurk News

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.

This is an excerpt. The reporting belongs to CoinTurk News.

Read the full report on en.coin-turk.com
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