Following 4/22/2021 5:24:19 AM GMT XRP price has flipped a crucial demand zone into supply after the recent slump. An 18% drop to $1.04 could ensue if bulls fail to rescue Ripple here. On-chain metrics hint at a semi-stable state that could flip bearish anytime. XRP price has been in a corrective phase for over a week and could retrace more before it begins to turn around. XRP price on the verge of collapse XRP price has recently sliced through a crucial area of demand that extends from $1.31 to $1.42. A failure to reclaim this level will result in bears running amok. Such a development could push the remittance token down by 18% to the subsequent demand zone’s upper boundary at $1.04.