XRP Dives Below $1.20 Threshold Amidst Market Volatility

XRP has dropped to $1.13 in trading value, losing 3.21% of its worth over the past 24 hours.

This decrease comes after a period of tightening displayed by the Super Guppy indicator, which suggests that momentum is fading and the market is entering a more cautious phase.

Egrag Crypto notes that if the $0.80 to $1.10 range holds, the current market structure remains valid, but a breakdown below this band would significantly damage the overall picture.