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via Cointelegraph · By Cointelegraph Staff
How Low Can XRP Price go After Falling Below $1.30?
XRP
XRP/USDT
$1.5496
+0.45%
$1.5496
+0.45%
(24s)24h Volume
$3,053,356,314.51
24h H/L
$1.63 / $1.5413
Change: $0.0887 (5.75%)
Long/Short
72.7%
Long: 72.7%Short: 27.3%
Funding Rate
+0.0044%
Longs 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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