XRP fell below the $1.30 support level on Thursday, trading at $1.29 and down more than 3% in a day. The breakdown comes as bearish sentiment hits 89% and the Fear & Greed Index scores 25 – Extreme Fear. The move extends a two-week slide that has wiped out 10% of the token's value. XRP sits well below its all-time high of $3.65.
$1.30 floor gives way
The $1.30 zone had been tested multiple times in recent weeks and was considered a firm demand area. That floor gave way under heavy selling pressure. Trading volume exceeded $2 billion, and sellers dominated. Technically, XRP broke down from a
