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XRP Faces Potential Drop Toward $1.20 Amid Technical Downtrend

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XRP
$1.91486-0.51%
XRP faces potential decline toward $1.20 as **technical indicators** signal a bearish trend. The token has fallen below key supports at $2.60 and $2.25, now trading above $2. Analyst Ali Martinez notes lower highs and lower lows, with $2 as critical support. A break below could send XRP toward $1.20. The 14-day RSI at 41.51 shows easing selling pressure, but the **fear and greed index** remains skewed toward caution. XRP lingers below both its 50-day and 200-day SMAs, reinforcing the downtrend.
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