$XRP XRP is currently trading at around $2.94, showing a ~1–2% decline in the last 24 hours and roughly –7 to –8% over the past week .
The price dip follows recent macroeconomic and regulatory events, including tariff announcements and investor caution around Fed decisions impacting cryptocurrencies broadly .
🔍 What’s Behind the Movement?
Analysts point to new U.S. trade tariffs that triggered risk-off sentiment, sending XRP down about 6% in a single day .
Earlier in the week, anticipation of Federal Reserve announcements and upcoming crypto policy updates pressured the market, leading to declines of 2–2.5% in XRP .
Conversely, last Thursday, continued positive sentiment after the Fed held rates steady led to a +2.6% bounce in XRP .
✅ Bottom Line
Today, XRP is down, and the broader crypto market is under pressure.
Despite overall bullish momentum earlier in July (when XRP jumped ~40–60% in a few weeks), the current movement signals short-term correction or consolidation unless fresh buying volume appear
XRP is down today 📉
Its price has slipped by about 1–2% in the past 24 hours and is roughly 7% lower than a week ago. Market sentiment has turned cautious due to macroeconomic policy shifts and tariff concerns, influencing crypto broadly. Unless momentum returns, XRP might stay in a consolidation phase.
⚠️ Tips for Traders & Investors
Keep an eye on short-term support levels near $2.90–$2.95. A break below could push lower toward ~$2.75 .
Watch for volume increases above resistance (around $3.10–$3.20) — a good sign for renewed upward interest.
Be prepared for high volatility due to macro updates or regulatory shi
fts — crypto remains unpredictable 📌.
