XRP (CRYPTO: XRP) is down 2% on Friday, pressing onto the $1 psychological level with thin weekend liquidity ahead and a chart setup pointing toward $0.85.
Why $1 Is The Level That Matters This Weekend
The chart projects a 15% to 17% drop from $1 if the level fails on a daily or weekly close, with $0.85 to $0.88 as the measured move target based on the depth of the two-month compression pattern.
RSI at 34.19 sits near oversold territory but has not reached an extreme yet, meaning there is still room to fall before a technical bounce becomes likely.
Weekend volume is thin, and breakdowns in low liquidity tend to overshoot rather than find clean support.
