Update
XRP Below 200-Day Moving Average
XRP, trading below its 200-day moving average (MA) for the first time since August 2026, fell to a low of $1.19 after news of the Binance heist surfaced. The Binance hack, affecting $6.3 billion in client assets, led to a drop in crypto prices. XRP's drop below the 200 DMA raises questions about its near-term momentum but does not signal the end of its recovery prospects. Traders are watching for a hold above the weekly support at the 50 WMA to maintain a bullish outlook, with potential targets at $1 or $0.98 if support is broken, and $1.70 if support is held.