XRP price news: Ripple-linked token slips as traders watch $1.35 support
CoinDesk
XRP is trading near $1.35 support after a high-volume sell-off, with traders watching for a hold or a break below this key level.Summary
The XRP token experienced a slip following high-volume selling, causing it to briefly break below $1.35 before buyers stepped in to defend that crucial support zone. The price action is largely driven by technical factors within a broader corrective phase that has persisted since late February, with institutional flows and derivatives showing subdued participation. Traders are keenly focused on the $1.35 level: if it holds, XRP might consolidate before targeting resistance at $1.36–$1.37 and potentially $1.40; however, a decisive break below $1.35 could lead to deeper support tests around $1.30–$1.32.
(Source：CoinDesk)