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Crypto
XRP faces further drop as analyst eyes $1.08 to $0.86 zone
XRP has fallen below a key support trendline on the daily chart, raising the risk of further declines, the Crypto Basic reported. Analyst Casitrades said XRP has broken down from a months-long symmetrical triangle pattern after failing repeatedly near $1.65 resistance. She identified $1.08 to $0.86 as a potential next buying zone if weakness persists. Derivatives data showed heavy long liquidations, while spot flows showed net outflows from trading platforms.
Crypto
XRP\'s pivotal level at $1.65; $1.10 and $0.87 mentioned if breakout fails
XRP is at a short-term crossroads after failing to break above the key resistance area near $1.65. Analysts say repeated rejections at the same level over the past four months leave both further downside and a rebound possible. Support has weakened, with XRP now below $1.36. Next support zones cited include $1.10 and $0.87, and another analyst has pointed to $0.73 if the price falls further.
Crypto
XRP bear-market warning lights up, analyst says open to $0.87
XRP briefly fell below the key $1.31 support zone, raising the risk of further declines. Analyst CasiTrades said the rebound was weak after XRP dipped under the 0.618 Fibonacci level. He cited an RSI triangle breakdown and a lack of bullish divergence as signs sellers remain in control. He set a first downside target at $1.05 to $1.09 and a final target at $0.87, while keeping a bullish long-term view.