Trader warns XRP could slide to $1 if $1.248 support breaks
- —Key support for XRP sits at $1.248, with $1 as the next downside target
- —A daily fair-value gap spans roughly $1.00–1.25 below current prices
- —Heavy volume resistance is concentrated in the $1.35–1.55 range
- —XRP trades below its 50-week and 200-week EMAs at $1.56 and $1.37
Why it matters: Losing $1.248 would reinforce the bearish case for XRP, while traders eye the $1 area as an accumulation zone.
Source: Digital Today