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XRP falls 3% after losing $1.15 support as breakout attempt fades

XRP falls 3% after losing $1.15 support as breakout attempt fades

Hex37's read

  • XRP has fallen 3% after losing the $1.15 support level.
  • A recent breakout attempt for XRP has failed.
  • The downtrend is reinforced as rallies stall near $1.25.

What it means for traders

  • The loss of $1.15 support suggests further downside potential for XRP.
  • Traders may consider short positions on XRP until a clear uptrend re-establishes.

Affected markets

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