XRP (CRYPTO: XRP) is down 2.5% over the past day but could be setting up for a major catch-up rally, according to a prominent analyst.

Ripple (CRYPTO: XRP) climbed for three consecutive days, extending a modest recovery that began Thursday after the token dropped to an important support level.

XRP (CRYPTO: XRP) is down 2.5% over the past day but could be setting up for a major catch-up rally, according to a prominent analyst.

XRP drops to $1.25 as traders eye key support levels, while analysts warn June could decide the next major trend.

XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.