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XRP’s $1.20 Support Faces Pressure After Break Below Trading Range

XRP’s $1.20 Support Faces Pressure After Break Below Trading Range

Photo: DailyCoin

XRP risks a slide toward $1.10 - $1.14 if it loses support at $1.20, according to an analyst reviewing the OG altcoin's daily price action. With XRP trading near $1.24 at the time of recording, Zach Humphries described its recent bounce as “a recovery attempt” rather than a confirmed reversal. The distinction matters after XRP slipped below a trading range the analyst had been tracking. A recent rebound from roughly $1.20 offered some relief, but a daily close beneath that level would weaken the near-term outlook.

Source: DailyCoin

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