Ripple Price Prediction: XRP Risks Deeper Drop as $1.07 Support Comes Under Pressure
📉 XRP struggles to maintain its recent recovery, facing renewed selling pressure near a key resistance zone, which has pushed it back toward a critical support area.
🔍 The asset continues to trade within a descending channel, remaining below the 100- and 200-day moving averages, with the $1.07 to $1.15 demand zone becoming crucial for short-term price action.
⚠️ A breakdown below the $1.07 support could lead to a significant decline, while buyers need to reclaim the $1.28 to $1.35 resistance area for any potential trend reversal.
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