Ripple price analysis: XRP breaks below $0.94, journey below $1 to continue?

TL;DR Breakdown Ripple price analysis is bearish today.Strong resistance is found at $1.Strong support is found at $0.87. The Ripple price analysis shows a further drop in price has happened today. No attempts for recovery have been observed from the bullish side from the start of the session, as the price continues to go down every hour. Resistance is present at the $1 level, and XRP/USD pair is dangling below the resistance level, the support of $0.87 also seems strong enough, and the price may not go below the support level. Overall, XRP is on the decline from the 7th of September, as the price curve has been downwards since then. XRp/USD is down by 2.6 percent over the last 24 hours and around 14 percent over the course of the last seven days. Bitcoin, Ethereum, Cardano, and Solana are all reporting losses today, with Solana being the top loser, over a loss of seven percent, along with most altcoins as the market is bearish today. XRP/USD 1-day price chart: Bulls sidelined as bears continue to degrade price The 1-day price chart for Ripple price analysis shows bearish momentum as the price stooped down from $0.94 to $0.91 today; the downwards price function continues from 23rd September Currently, the price is below the price channel of last week, which was just at the fence above $1. However, there are some good indications also present in the 24 hours chart. XRP/USD 1-day price chart. Source: Tradingview The volatility ...