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via Cointelegraph · By Cointelegraph Staff
How Low Can XRP Price go After Falling Below $1.30?
XRP
XRP/USDT
$1.0003
-0.20%
$1.0003
-0.20%
(24s)24h Volume
$237,082,319.81
24h H/L
$1.0068 / $0.9972
Change: $0.009600 (0.96%)
Long/Short
78.6%
Long: 78.6%Short: 21.4%
Funding Rate
-0.0002%
Shorts pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(01:40 PM UTC)
1 min read
XRP (XRP) price dropped to $1.26 on Thursday, its lowest in over 16 weeks. A bearish technical setup suggested that the pressure may extend into June.
XRP/USD daily chart. Source: Cointelegraph/TradingView
Key takeaways:
- XRP's bear pennant pattern breakdown on the weekly chart targets $0.63.
- XRP social sentiment hit a three-week low, while Net Unrealized Profit/Loss data shows rising fear and…
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