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Ripple Price Analysis: Can XRP Recover After the Hack-Driven Sell-Off?

Ripple’s XRP is under renewed pressure after failing to break above the upper boundary of its short-term descending channel. Trading around $1.25, the token has slipped into a key Fibonacci support area, where the reaction over the coming sessions could decide whether the August recovery remains intact or gives way to a deeper retracement.

Why it matters

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

Automated desk note. Not Dextape reporting.

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Shayan Markets, CryptoPotato

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