XRP Declines to $1.30 Amid Bearish Market Trends

XRP has experienced a decline to approximately $1.30, influenced by bearish market trends and Bitcoin's ongoing price struggles. According to NS3.AI, XRP has dropped nearly 38% this month. Analysts caution that if XRP falls below the $1 support level, it could further decrease to between $0.75 and $0.85, reaching a yearly low. The market conditions remain unfavorable, with the broader impact of Bitcoin potentially dropping to $52,200 and Ethereum falling below $2,000, which could increase downside risks.