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XRP Faces Risk of Further Drop to $0.79 Support Level

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XRP
$1.86481-1.46%
XRP faces risk of breaking below $1, with key support level at $0.79 under pressure. Analyst Ali Martinez notes support & resistance levels below $1.77 are weakening, per UTXO realized price data from Glassnode. Most supply is clustered at higher levels, while demand drops sharply below $1.77. Intermediate support at $1.41, $1.27, and $1.01 offers little help. XRP trades at $1.95, up 4.5% in 24 hours but down 4% weekly, below key moving averages.
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