XRP price outlook: can bulls hold $1.40 support amid fresh selling?

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XRP has pared recent gains as prices extended their retreat from highs near $1.60, with a dip across cryptocurrencies seeing the Ripple token slip to support around $1.45. Bitcoin and Ethereum were testing respective support levels near $70,000 and $2,150. While analysts at Citi and across the ecosystem maintain a long-term bullish take, the short-term outlook suggests selling pressure could intensify. BTC risks a plunge below $65,000. Such a pullback could mean broader market volatility, with XRP likely to face a deeper correction. XRP flips lower amid broader market headwinds As noted, XRP rebounded sharply to a weekly high near $1.60 this week.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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