BEARISH 📉 : XRP Falls to 15-Month Low, Losing Critical Support Level

XRP Price Decline

  • Ripple's XRP has fallen to a 15-month low of $1.42.
  • XRP dropped 25% in the past week and 40% for the month.
  • The loss of key support at $1.60 indicates sellers' regained control.
  • If selling pressure continues, a decline toward the $1.00 level is possible.
  • Crypto analyst Crypto Patel considers the current range as a long-term accumulation zone, advising gradual entries between $1.50 and $1.30.
  • A further drop below $1.30 could lead to an accumulation opportunity between $0.90 and $0.70.
  • Patel maintains a long-term price target of $10 for XRP.
XRP loses crucial support. | Source: TradingView

XRP loses crucial support. | Source: TradingView

Bitcoin Hyper Presale Summary

  • Bitcoin Hyper (HYPER) raised $31.2 million in its presale.
  • HYPER tokens are designed for transaction fees, smart contracts, and staking rewards.
  • Current staking reward stands at 37%.
  • Token price is $0.0136751.
  • Supports cross-chain activities with Ethereum [ETH](https://holder.io/coins/eth/) and Solana [SOL](https://holder.io/coins/sol/).