XRP at $1.29 in 4:26 a.m. ET Snapshot, Two Cents Below $1.31 Level.

XRP traded at $1.29 on Binance, down 2.85% over 24 hours, as of 4:26 a.m. ET (08:26 UTC) Oct. 29. The price was two cents below the $1.31 breakout level in a conditional recovery scenario from analyst Alejandro Arrieche. The 4:26 a.m. ET (08:26 UTC) snapshot showed XRP’s 24-hour range at $1.29 to $1.34. In an Oct. 27 analysis, Arrieche, a senior cryptocurrencies analyst, wrote: “The $1.31 area could trigger the resumption of XRP’s recovery toward our near-term target of $1.55 as long as a breakout is confirmed.” The $1.55 level is conditional on a confirmed breakout above $1.31.