XRP Slides 3.71% as $3.2B Volume Signals Volatility Amid Legal Uncertainty and Market Downturn

XRPUSDT experienced a 3.71% decline over the past 24 hours, with the price falling from a 24h open of 2.2143 to 2.1322 on Binance. This drop is primarily attributed to heightened selling pressure amid a broader cryptocurrency market downturn, driven by geopolitical tensions and ongoing macroeconomic uncertainty. Additional factors include continued investor caution due to the unresolved Ripple-SEC legal case, as both parties await a district court decision on a proposed $50 million settlement. Trading volume surged to $3.2 billion, reflecting increased volatility and concentrated sell-offs, while XRP’s market cap stands near $136.73 billion. The asset remains under pressure, with resistance at $2.19–$2.20 and key support in the $2.10–$2.15 range.