XRP price fell more than 20% this week, sliding to $1.53, a low that keeps watch over the ledger since November 2024.
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After five consecutive weeks of decline, XRP stands at the brink of breaking below the $1.56 Murrey Math pivot. It has already slipped under its 20-, 50-, and 100-day moving averages and threatens to turn a former double-top neckline at $1.60 into a fresh barrier, as if a door that used to swing open now refuses to budge.
Thus, the outlook remains heavily bearish. If XRP cannot hold its ground, the next stop is the psychological floor at $1. A breach could open a path toward a further tumble to $0.78, a zone marked as a major reversal on the Murrey Math chart-a place where even the most patient souls might mutter, “Well, that’s unfortunate.”
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2026-02-04 12:50