XRP drops 4.5% as heavy selling breaks another support level

--

XRP lost the $1.13 area on elevated volume, leaving traders focused on whether the latest selloff marks a final washout or the start of a deeper move toward $1.00.\nWhat to know : XRP slid more than 4 percent to test support around $1.10–$1.12 after losing the key $1.13 level, where selling and trading volume sharply accelerated. The token remains in a broader bearish trend, trading inside a descending channel and below its 100-day and 200-day moving averages, even as momentum indicators approach oversold territory. Traders are watching whether buyers can defend the $1.10–$1.12 zone and reclaim $1.13, with a failure risking a drop toward $1.00 or even the $0.80–$0.90 area.(Coindesk)

24/7 Flashes

More >
Today 2026-08-21
12:12

Changjiang Storage's revenue for the first quarter of 2026 was 47.042 billion yuan, with a net profit of 33.379 billion yuan

12:11

Trump will use $400 million to support Republican candidates at risk

12:07

Maxime Seiler: Crypto market prices are in a cold winter, institutions are adopting into summer

12:07

中央网络安全和信息化委员会印发行动计划,加快人工智能与区块链等领域立法

12:07

Standard Chartered Bank releases target price for cryptocurrency project, Geoff Kendrick predicts Bitcoin price