XRP Breaks Medium-Term Support — Can the 100/50-Day EMAs Hold?XRP / TetherUSBINANCE:XRPUSDTDukesMarketAnalysisMedium-Term Support Gives Way XRP has broken below the recent medium-term support around $1.32 after repeatedly struggling to build momentum from this area. That level could now become resistance on any bounce. Repeated Failure at $1.50 Bulls have now failed several times around the $1.50 resistance area, with each attempt attracting sellers. This continues to cap the recent recovery and leaves XRP well below the $1.70 key high. 100/50-Day EMAs Under Pressure Price has dropped directly into the bullishly crossed 100/50-day EMAs. Both averages are still rising, so this remains an important area for bulls to defend. Selling Volume Picks Up The latest move lower has been accompanied by increased selling volume. Bulls will want to see that pressure ease quickly if the moving averages are going to provide support. Momentum Remains Weak RSI has slipped below the 50 level, while StochRSI remains oversold. A short-term bounce would therefore not be surprising, but buyers still need to show up. Next Support Below If the 100/50-day EMAs fail to hold, the next meaningful support sits around $1.18–$1.16. This area previously acted as resistance before XRP's August breakout. In Summary XRP has lost medium-term support around $1.32 after repeatedly failing near $1.50, with increased selling volume adding pressure to the move. Price is now testing the still-rising and bullishly crossed 100/50-day EMAs, making this an important area for bulls to defend. StochRSI is already oversold, so a bounce is possible, but failure to hold these averages would shift attention towards the $1.18–$1.16 support zone.