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XRP Faces Further Downside After Losing Key $3.40 Support

Summary by Blockchainreporter
XRP has fallen below its vital support level of $3.40, and that has catalyzed the move to the downside and halted near the $2.50 area. The decline shows the speed of the change of market sentiment, particularly when it has been rejected at a key resistance area. According to analyst Michael van de Poppe, such rejection is indicative of further losses over the short term. Funny, $XRP lost that crucial level at $3.40 and dropped south. Didn't com…
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XRP Faces Further Downside After Losing Key $3.40 Support

XRP has fallen below its vital support level of $3.40, and that has catalyzed the move to the downside and halted near the $2.50 area. The decline shows the speed of the change of market sentiment, particularly when it has been rejected at a key resistance area. According to analyst Michael van de Poppe, such rejection is indicative of further losses over the short term. Funny, $XRP lost that crucial level at $3.40 and dropped south. Didn't com…

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blockchainreporter broke the news in on Tuesday, August 12, 2025.
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