XRP price has tested a key support zone near $1.08 after a week of sustained selling pressure that followed Ripple’s regulatory breakthrough in Europe and a wider retreat across digital assets.
Summary
- XRP has fallen toward key support near $1.08 while trading inside a falling wedge pattern.
- CoinGlass data shows a major liquidation cluster around $1.14 that could attract price if buyers step in.
- A break below $1.08 may expose XRP to further losses toward the $1.05 and $1.00 levels.
According to data from crypto.news, XRP (XRP) was trading around $1.09 on June 24, down more than 15% from its June 16 peak near $1.29. The decline came shortly after Ripple secured…
