XRP falls 3% after losing $1.15 support as breakout attempt fades

CoinDesk·

XRP falls 3% after losing $1.15 support as breakout attempt fades

60-second summary

XRP falls 3% after heavy selling pushes it back below a key $1.15 support zone, reinforcing a downtrend that has repeatedly stalled rallies near $1.25. This decline erodes the momentum of a potential breakout, leaving XRP vulnerable to further losses. The cryptocurrency's downtrend now threatens to extend its streak of failed rallies, weighing on investor sentiment.

Heavy selling pushed XRP back below a key support zone, reinforcing a downtrend that has repeatedly stalled rallies near $1.25.