XRP Wobbles as XRP/BTC Pair Drops to 7‑Month Low
Cryptocurrency market trembles
XRP dipped about 3% today to $2.12, echoing a slide in the XRP/BTC pair that hit its lowest point in seven months—around 0.0000198 BTC. With Bitcoin hovering near $107,400, traders have shifted focus to technicals and liquidity zones.
Bears push XRP below key support
The breakdown below the $2.20 support level signals increased selling pressure. With RSI trending lower and volume muted, the scene is set for a potential drop to the $1.60–$1.70 range unless buyers step in.
Potential for rebound remains
Analysts are eyeing a bounce off strong liquidity zones between $1.61 and $1.93. A sustained move above the 50‑day moving average would be a positive sign. If momentum shifts, XRP could retest $2.30 or higher.