$XRP’s recovery is losing ground after sellers broke the $1.44–$1.45 support zone that had been holding since the September breakout. This decline raises the risk of another decline.
Previously, the token had been trading in a range-bound environment for over two weeks between $1.44 and $1.56. Later on, Ripple’s [$XRP] selling accelerated on the 7th of October as sellers gained more steam.
That breakdown pushed the price toward $1.32, where buyers stepped in and triggered a modest rebound up to $1.39, where it was trading at the time of writing. Still, the token shows minimal momentum, with small candles suggesting limited buying conviction.