XRP breaks $1.24 support as Binance's $6B hack rattles crypto
- —XRP broke $1.24 support; next levels are $1.16 and then $1.04
- —Ripple targets $900M annualized product revenue and $150B cumulative payment volume by end-2026
- —RLUSD market cap hit $2.6 billion, up 88% year to date
- —Binance pegged the incident at about $6.3 billion and froze $3 billion of assets
Why it matters: The support break and weak RSI leave XRP exposed to a drop toward $1.16 unless the market stabilizes after the Binance incident.
Source: Invezz