XRP falls toward $1.10 as liquidation-driven selloff pushes token to multi-month lows
60-second summary
XRP is falling toward $1.10 as a liquidation-driven selloff pushes the token to multi-month lows, with a 5% decline following a high-volume breakdown of support near $1.20. Traders are now focused on whether this latest washout marks capitulation or the start of a deeper slide, potentially impacting the overall cryptocurrency market sentiment and investor confidence.
XRP lost another 5% after a high-volume breakdown overwhelmed support near $1.20, leaving traders focused on whether the latest washout marks capitulation or the start of a deeper slide.