I noticed that XRP is pushing down again—it’s down by about 6% and is currently trading around $1.35. This seems to be part of the broader trend of a decline across the cryptocurrency market; there’s no specific catalyst for the token itself. Bitcoin is also not helping, pressuring from its side.

The key point is that the price broke below the support at $1.60, which triggered a wave of selling with high volume. It looks more like forced selloffs than a smooth downturn. Attempts to recover haven’t surged back above $1.56, so the short-term trend is clearly bearish.

Traders are watching the $1.50 level—if it doesn’t hold, they’ll look next at $1.38 and even deeper at $1.02. To recover, the price needs to return above $1.60–$1.62 with solid volume; otherwise, the selling pressure will continue. The market is currently in a wait-and-see mode—either stabilizing at the current levels, or falling further if weakness in the market persists.