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XRP Faces $0.80 Risk After Losing Key $1 Support

Picture: Cointribune

XRP fell below one dollar for the first time since August, after losing nearly 38% from its October peak. More than a psychological threshold, this break changes the market structure: each rebound towards one dollar can now face sellers looking to break even. XRP trades around 0.96 dollar on November 14 , after nine consecutive daily closing declines. Its decline reached about 14.5% over one week, while its price remained very far from the 1.60 dollar peak reached in October. The one dollar level had served as a support point during the summer recovery.

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