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XRP Falls Below $1 After Losing $1.25 Support on Binance Chart

Crypto Michael’s four-hour chart marked XRP at $0.9886 on Saturday, Nov. 14, after the token slipped below a level that had held during weeks of narrowing trade.

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A silver token sits below a narrow horizontal support bar / TokenPost.ai
A silver token sits below a narrow horizontal support bar / TokenPost.ai

Crypto Michael’s four-hour Binance chart put XRP (XRP) near $0.99 on Saturday, Nov. 14, after it fell below support near $1.25, a level that held during weeks of narrowing trade.

The chart marked XRP at $0.9886. A descending line connects its lower peaks, while a horizontal line marks support near $1.25. XRP moved between those boundaries from late September into early November before falling below the support area and then under $1.

The descending line capped upward moves during that period, while the horizontal level formed the lower edge of the pattern. The latest reading showed XRP below that floor, with no recovery above the former support in the update.

The $1.25 area also featured in an earlier bullish triangle analysis. JackTheRippler described that chart formation as bullish near the same support. Crypto Michael’s update shows XRP trading below the area, but gives no downside target or recovery timeline.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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