Markets· ★★★· bearish·

XRP Risks Slide to $1.00 After Losing 50-Day Average, 360Trader Warns

  • —XRP is down 6% over the past week, trading near $1.29
  • —The 200-day moving average at $1.28 is the key level to watch
  • —A break below $1.28 opens a liquidity zone down to $1.00
  • —Reclaiming $1.37 and $1.49 would be needed to strengthen recovery
Why it matters: Losing $1.28 could accelerate a drop toward $1.00, though the analyst views that zone as a level to accumulate.
Source: The Crypto Basic