XRP price news: Ripple-linked token drops 4.5% to break another support level
XRP is repeatedly attracting buyers near key support, but each rebound has failed, leaving price near the $1.10 area that analysts see as a critical line. The latest drop broke $1.13 support and sent XRP from $1.1505 to $1.1248, with volume surging to 109.9 million XRP, suggesting active liquidation and repositioning. XRP remains below its 100-day and 200-day moving averages and inside a descending channel, keeping the broader trend bearish. The main support zone is now $1.10–$1.12; a break below it could open the way toward $1.00 and possibly $0.80–$0.90. RSI is approaching oversold levels, so a short-term relief rally is possible if buyers defend support. On any recovery, $1.13 is the first level to reclaim, followed by $1.20 and then $1.35–$1.40.
