XRP Price Drops Below $1.50 as Market Tests Support Levels

XRP has declined 2.9% to $1.47, losing the critical $1.50 support level. The asset has shown a pattern of lower highs since peaking at $1.63 on September 23. While institutional interest via spot XRP ETFs remains a point of interest, the current pullback is attributed to fading bid support. The token remains above its 200-day EMA of $1.37, which serves as a key medium-term technical indicator.