XRP Under Pressure: Will It Continue to Fall?

• The price has dropped to $2.93 after peaking at $3.66.

• The $3 level has lost its support and the stronger support is now at $2.48.

• 🐋 Large investors have offloaded 720 million XRP, increasing selling pressure.

• Technical indicators show continued downward momentum.

• The market cap currently stands at $5.42 billion, with a 3% decline over the past 24 hours.

XRP is in a critical phase… Are we witnessing a new bottom?