XRP Price Prediction: XRP Risks Drop to $1 as Bulls Lose Triangle Support
Key Insights: XRP price has broken below a multi-month symmetrical triangle after losing support near $1.30. Analysts now watch Fibonacci support near $1.28 and $1.24, with $1 next if weakness continues. Spot flows show 14.86 million XRP leaving exchanges, even as futures traders reduce exposure.
XRP Price Prediction: XRP Risks Drop to $1 as Bulls Lose Triangle Support. XRP price traded near $1.30 after a broader crypto market selloff erased nearly 7% of its weekly value. The decline pushed the token below a multi-month symmetrical triangle, weakening a structure that had contained price action since late January. The move came as traders reduced futures exposure while spot exchange balances continued falling. Market participants are now watching whether XRP can stabilize above nearby support levels or extend losses toward lower technical zones. XRP Price Breaks Multi-Month Triangle Structure XRP price has entered a sensitive area after slipping below a multi-month symmetrical triangle that had guided price action since January 31. The structure formed as XRP printed lower highs and higher lows, showing compression between descend...