With technical and on-chain metrics weakening and key support levels closer to the psychological $1 mark, $XRP faces increasing downside risk. When the Spent Output Profit Ratio (SOPR) falls below 1, recent data indicates loss-driven selling, which is a bearish sign typically associated with capitulation phases. A breakout below key moving averages, falling network activity, and a falling burn rate have all contributed to downward pressure. Analysts caution that a breakdown under major support zones could trigger further selling and increase the probability of a slide below $1.

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XRP

1.3646

-0.51%