XRP drops to 16-week lows: Can price fall below $1?
Hex37's read
- XRP price has fallen to 16-week lows.
- Key support level at $1.30 has been breached.
- Bearish technicals suggest a potential drop to $0.63.
What it means for traders
- XRP's breakdown below $1.30 signals strong bearish momentum, potentially targeting $0.63.
- Traders should watch for confirmation of further downside before considering short positions.
Affected markets
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