XRP Breaks Below Key $1.30 Support as Selling Pressure Intensifies
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XRP fell 3.46% over the past 24 hours to about $1.28, trimming market cap to $79.7 billion while 24-hour trading volume surged 42.7% to roughly $2.45 billion as about 64 million XRP changed hands. Technicals showed RSI near oversold and MACD remained bearish after the token broke below key $1.30 support, with rising exchange activity on CEXs and DEXs indicating intensified selling pressure and downside risk for crypto traders.
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- XRP dropped 3.46% as trading volume jumped 42.7% during heavy market sell pressure.
- RSI neared oversold levels while MACD stayed bearish as XRP traded below key support.
- CoinGlass data showed rising exchange activity as XRP struggled to hold the $1.30 range.
XRP extended its decline over the past 24 hours as broader weakness across the crypto market pushed the token closer to a key support range. Market data from CoinMarketCap showed XRP falling by 3.46% to around $1.28 at press time, while its market capitalization dropped to $79.7 billion.
The trading activity increased during the decline. XRP’s 24-hour trading volume climbed by 42.7% to about $2.45 billion, reflecting heightened participation as traders reacted to the breakdown.
Heavy Selling Emerged Near Major Support
The decline occurred when roughly 64 million XRP changed hands as the token broke belo…
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