XRP: Bridge Drained After Fake Deposits

XRP bridge suffered a drain after its software accepted fake deposits as valid, echoing prior XRP bridge exploits and drained incidents history in the past year.

Traders tracking XRP price prediction now watch how XRP bridges verify deposits technical details amid this latest failure. On the 4h chart, XRP trades at $1.01 inside Bollinger Bands with upper resistance at $1.04 and lower support at $1.00. Price sits below EMA50 at $1.03 and EMA200 at $1.07 in a bearish structure, while RSI at 39.65 stays neutral and MACD shows a bullish golden cross at -0.01, suggesting a potential test of the $1.00 support before any rebound.