MarketPR
$XRP lost roughly 5% and broke under $1.11 after sellers reasserted control at the $1.1750 ceiling, dragging the token lower in step with $BTC and $ETH.
The move into a fresh corrective leg coincided with Ripple joining a Water.org initiative tied to RLUSD, the project's stablecoin.
With the $1.11 handle now surrendered, market participants are watching the $1.05 level as the next structural support. The Level That Gave Way XRP's failure at $1.1750 is the mechanism worth noting here.
That area acted as resistance, and once buyers could not push price through it, the corrective leg accelerated. The 5% decline placed the token back below $1.11, a zone that had provided a floor in recent sessions.
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