XRP has extended its decline into a key demand zone near $1.30, giving up more of September’s recovery. Key supports sit at $1.24-$1.32 on the daily chart and $1.27-$1.31 on the 4-hour chart. Stabilization above $1.32 would signal a return of demand, while a break below $1.24 would increase the risk of a deeper correction toward $1.11-$1.17. The technical setup remains bearish in the short term, with XRP continuing to trade within a descending channel and maintaining a sequence of lower highs and lower lows.
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