XRP Faces Bearish Bets as Market Prices in a Drop Below $1

XRP is under pressure after a sharp imbalance in liquidations favored long positions, while trading activity has weakened and price has moved toward technical support around $1.06-$1.10. The launch of Ripple Mint for RLUSD has also revived debate about whether Ripple’s stablecoin ecosystem will create direct demand for XRP.
AI Analysis
The summary says XRP is under pressure, long liquidations are heavier, trading activity is weakening, and price is dropping toward support. The Ripple Mint launch is mentioned as a debate point, but no direct demand impact is confirmed.