XRP slips below $1.35 after triangle breakdown puts focus on $1.30 support
CoinDesk
XRP price has declined below $1.35, shifting market focus to critical support levels at $1.30 following a technical triangle breakdown.Summary
XRP has slipped below the $1.35 mark after a failed attempt to break past $1.36, triggering a technical triangle breakdown. The asset is now testing lower levels, with analysts closely watching the $1.30 support zone, which is considered a critical threshold to prevent further downside momentum. While some market experts interpret the price action as a collapse, others suggest it remains part of a late-stage compression phase. Key factors influencing the market include a significant decline in large whale transactions and upcoming institutional exposure through CME Group's XRP-linked futures launch.
(Source：CoinDesk)