XRP price news: What next for Ripple-linked token as it nosedives 10%
CoinDesk
XRP tumbled over 9% after breaking below the key $1.36 support level on heavy volume.Summary
The XRP token experienced a sharp 9.1% decline, falling from $1.42 to $1.30 following a high-volume breakdown below the critical $1.36 support level, which signaled intensified selling pressure and wiped out a recent relief rally. This move confirmed a bearish technical shift, as sellers defended higher levels, and the token established a pattern of lower highs. Traders are now closely watching if the $1.30 level can hold as immediate support; a decisive break below this point could lead to further declines toward $1.20–$1.22, while any immediate bounce is viewed as corrective until resistance at $1.36–$1.37 is reclaimed.
(Source：CoinDesk)