XRP Holds $1.30 as Selling Pressure Builds: Is a Deeper Drop Coming?

XRP tests $1.29 to $1.30 as sellers challenge the 20-week exponential moving average. A weekly close below support could expose XRP to $1.25 and potentially $1. Buyers must defend support and reclaim $1.52 resistance to strengthen XRP's recovery prospects. XRP is facing a critical test as sellers push prices toward an important support zone. The token recently slipped below $1.30, raising concerns about further losses. Traders are now watching the 20-week exponential moving average for direction. A weekly close below this level could expose XRP to another decline. Meanwhile, weakening momentum and broader market liquidations add pressure.

Source: CryptoNewsLand