XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.

XRP Faces High Risk Of Breakdown Below .30, Expert Flags Bitcoin As Main Threat

XRP Faces High Risk Of Breakdown Below $1.30, Expert Flags Bitcoin As Main Threat

XRP has climbed back above the $1.40 mark this week, a level that previously acted as resistance, but analysts warn that the rally does not eliminate the risk of a deeper pullback. 

The 1-D chart shows XRP’s attempt to consolidate above $1.40. Source: XRPUSDT on TradingView.com

At the time of writing, XRP was trading at $1.41, marking a 3% loss over the previous 24 hours. 

Featured image from OpenArt, chart from TradingView.com 

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