In the current XRP market, bearish forces are dominating, causing the price to break below the resistance level of $3.50. During this new downward trend, a rebound may occur around $3.40.

Meanwhile, due to actions taken by institutions and exchanges to realize profits, the liquidation of long positions has further intensified. However, the news that the U.S. Securities and Exchange Commission has approved the conversion of XRP into an ETF suggests that there may be potential upward momentum in the market. $XRP #BNB创新高 $ETH