XRP Sinks Near $1.40 as “Washout Zone” Talk Returns — and $30 Targets Resurface
XRP fell about 12% to $1.40 on Thursday during a broad crypto selloff. Technical analysts flagged a “washout” phase, while traders watched Ripple’s expansion into payments and treasury infrastructure. The drop follows Ripple’s $1 billion GTreasury deal and the SEC’s closure of its case against the company in August 2025.