XRP gives back breakout gains, slipping below $1.23 on heavy selling (opens original article in a new tab)

XRP price reversed after briefly breaking $1.25, falling back below $1.23 amid heavy selling, though it remains above the key $1.20 level.

• XRP price fell below $1.23 after heavy selling
• XRP remains above $1.20 support level
• Traders focus on $1.20 as pivotal support and $1.223 as resistance
• Volume surged during afternoon session with 87.5 million XRP traded
• Failed recovery attempt reinforced $1.223 as near-term resistance