XRP Hovers Near $1.31 as Selling Pressure Persists
- —XRP trades near $1.31, closed at $1.41 on Oct. 11 and fell to $1.29 on Oct. 17
- —Holding above $1.31 opens the door to $1.35; a break of $1.29 risks a test of $1.284
- —Fibonacci levels: $1.293 (50%), $1.212 (61.8%), $1.106 (78.6%)
- —Losing the 20-week EMA near $1.34 could trigger a deeper pullback to $1.00–1.10
Why it matters: XRP is pinned in a tight range, and the next move hinges on either reclaiming $1.31 or breaking $1.29 to extend the correction.
Source: Coin Türk