XRP Ledger payment volume crashed 72.3% on October 17 to 119.5 million XRP, compared to a 30-day average of 629.3 million XRP. XRP trades around $1.30, down from a September high of roughly $1.66, now sitting below the 50, 100, and 200-day moving averages between $1.34 and $1.38. Support lies at $1.25 to $1.27, with $1.15 and $1.00 as next downside targets. The RSI sits near 40, indicating weak momentum but not an oversold market. If ledger activity remains low while XRP holds below the moving averages, the risk of a break below $1.25 grows.
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