XRP's Future Direction Uncertain Amid Renewed Selling Pressure
XRP's price action is increasingly sensitive to broader crypto trends, with its movements mirroring those of Bitcoin and Ethereum. As a result, rising futures open interest has amplified volatility, making it more challenging for traders to predict the token's future direction.
A key short-term support zone at $1.38-$1.40 is currently holding, but a breach below this level could push XRP towards $1.35, signaling seller momentum. Conversely, if buyers manage to defend this floor, it may trigger a relief bounce towards prior resistance levels.