XRP Breaks Key Support: Is $1.10 Next?

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XRP is below $1.90 as of now, despite the minor market recovery over the past 24 hours.

After decisively losing the $2.00 support earlier this month and even dipping below $1.80 briefly, Ripple’s XRP managed to find some relief above the next key line of defense at $1.90.

However, that level also gave in yesterday, and the asset closed below it, currently sitting at $1.87, even after rebounding from the intraday low of $1.83.

Popular crypto analyst Ali Martinez outlined the significance of this support once again. He noted that with $1.90 gone, XRP could be on the verge of a massive price slump to $1.10.

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