XRP drops to 16-week lows: Can price fall below $1?

XRP breaks key support at $1.30 as bearish technical setups and weak investor sentiment point to a deeper correction toward $0.63.

XRP (XRP) price dropped to $1.26 on Thursday, its lowest in over 16 weeks. A bearish technical setup suggested that the pressure may extend into June.

XRP/USD daily chart. Source: Cointelegraph/TradingView

Read more