XRP slips 4% below $1.20 after breakout rally stalls near key resistance (opens original article in a new tab)
XRP dropped 2.5% to $1.19 after failing to maintain above $1.20, with buyers supporting prices near $1.18 and traders focusing on key resistance and support levels.
- XRP fell 2.5% to $1.19 after failing to hold above $1.20
- Buyers supported prices near $1.18, preserving a recent breakout from the $1.11–$1.15 range
- Traders are monitoring $1.20 as resistance and $1.1750 as critical support
- Heavy selling caused XRP to drop below $1.20 with volume doubling to 128.7 million XRP
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