XRP Drops Below $1.30 as Traders Watch $1.25 Support

XRP fell below $1.30 during trading on October 15, extending a decline that left the cryptocurrency near $1.28 to $1.33 in reports published October 15 and 16. The retreat coincided with a broad selloff in crypto markets and a wave of leveraged-position liquidations, while analysts identified $1.25 as a possible support area, not a confirmed floor. TradingView chart readings cited in reports showed XRP briefly reaching about $1.284 to $1.285 on October 15 before recovering above $1.30. By October 16, one report placed the price near $1.33 after a bounce from the weekly low. The snapshots reflect different observation times; together they show a sharp intraday drop and a modest recovery, rather than a settled price level. Liquidation estimates varied with the reporting period and coverage. CoinGlass figures cited in reports put total cryptocurrency liquidations at about $889 million over 24 hours in one account and $959.43 million over 24 hours in another. One report attributed roughly $14 million of the total to XRP. Another said long positions accounted for $879.71 million of the $959.43 million figure. The reports do not establish how much of XRP’s decline was caused by...