XRP Drops to $1.45: Where Could Support Hold?

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Key Takeaways

• The $1.55 breakout level gave way before buyers could establish it as support.
• Intraday selling hit a low of $1.43 during the pullback.
• The $1.35-$1.40 zone stands out as the next crucial demand pocket.
• Open interest has cooled off slightly, shedding some excess leverage.
• Today’s daily close will determine if this correction deepens.

The $1.55 support flip fell through

In yesterday’s XRP analysis, $1.55 was the line in the sand. It marked the old May swing high, the exact spot bulls needed to defend to keep momentum rolling toward $1.70.

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