XRP price prediction

[encrypted]

Buyers have held XRP $1.38 above the support line of the descending channel pattern but failed to start a strong rebound.

XRP/USDT daily chart. Source: Cointelegraph/TradingView
That increases the likelihood of a drop below the support line. If that happens, the XRP/USDT pair might retest the $1.11 level. If the $1.11 level gives way, the pair may plunge to $1 and then to $0.75.

Buyers will have to drive the XRP price above the $1.61 level to signal that the selling pressure is reducing. The pair may then march toward the 50-day SMA ($1.85) and later to the downtrend line.

[etfs]

xrp looking sketchy too, feels like $1.11 could be the next line in the sand