$XRP Market Update

XRP is currently trading near $1.17 after facing strong selling pressure around the $1.33 resistance level. The price remains within a descending channel and is approaching its lower boundary, which may provide temporary support.

The $1.15–$1.16 region is a key area to monitor. If buyers defend this zone, XRP could see a recovery toward $1.23–$1.26, followed by a potential move toward $1.30.

On the downside, a confirmed breakdown below the channel's lower support could lead to further bearish pressure.

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