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Look, XRP has dropped significantly in recent days. The token fell below the $1.36 mark, which greatly accelerated selling pressure. It dropped from $1.42 to $1.30, roughly a 9% decrease, and the volume was extraordinary – it increased more than 170% above average.
What draws attention is that an attempt to recover to $1.33 was quickly rejected. Now that previous support at $1.36 has turned into resistance, and it remains below that level. Technical analysts are watching whether $1,30 can hold as a short-term floor because if it cedes, there’s room to drop to $1.20–$1.22.
For now, it remains below the key levels, and any upward movement seems to be just a correction. Sellers still have control. If $1.36 doesn’t fall again, it could signal that the decline was overdone.