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Predictions remain cautious.
The price of XRP has decreased by 1.06% over the past 24 hours, reaching $1.13. During the same period, trading volume increased by 4.83%, reaching $868.27 million. This recent decline means XRP's price has fallen 68% from its previous cycle high of $3.66.
Main support zone attracts market attention
The market focus is on a price range between $1.10 and $1.30 for XRP. Diana, a cryptocurrency analyst on X platform, pointed out that this area is a consolidation zone on the weekly chart. Despite recent sharp sell-offs, she emphasized that the longer-term timeframe still shows a bullish trend.
After XRP's price dropped 68% from its peak of $3.66, Diana highlighted the importance of staying above the $1.10 to $1.30 range, describing it as a critical accumulation zone on the weekly chart.