Before its recent pump, $XRP experienced a significant dump, marked by a sharp decline in price due to market uncertainty, low trading volume, and lingering concerns over Ripple’s legal battle with the SEC. The sell-off led to a loss of investor confidence, pushing XRP to key support levels as traders exited positions in fear of further downside. This period of weakness was characterized by bearish sentiment and consolidation, with many questioning whether XRP could regain momentum. However, beneath the surface, accumulation quietly began as long-term holders saw value in the dip—setting the stage for the eventual rebound and current pump.