XRP falls below $1.27 support, analyst eyes $1.10 and $0.98 for next moves

XRP is currently trading at $1.2233 on October 29, 2026, following a significant break below a key Fibonacci level. The move has attracted close attention from cryptocurrency analyst CasiTrades, who is outlining crucial levels for investors to monitor in the near term. CasiTrades identified the $1.27 mark as an important 0.618 Fibonacci support level. With XRP dropping below this zone, the analyst points to “heavy selling momentum” as a major driver behind the decline. Following the breakdown, XRP found interim support near $1.20, which has previously acted as a notable resistance area.

Source: CoinTurk News