XRP could fall to $0.8 if it fails to hold $1 support

Ripple (XRP) is once again testing the $1 support level, and a failure to hold it could see the price fall to $0.8, according to an analysis by CryptoPotato. The outlet noted that this is the third time XRP has tested this support in the past two weeks. A bearish sentiment currently prevails, as buying pressure has failed to lift the price following these tests. If downward pressure intensifies this week, the $1 support level could be breached and turn into resistance. In such a scenario, the next major support is located around the $0.8 mark. XRP is currently trading at $1.04, down 1.05%, according to CoinMarketCap.