XRP – Sudden Sell-Off Tests Market Faith
Price: $3.19 (-3.70%)
Market Cap: $189.43B | 24h Volume: $6.41B
XRP’s sharp 3.7% drop is the most notable move in the top 5 today. Despite its strong YTD performance, this correction highlights trader sensitivity to both legal developments and macro uncertainty. Ripple’s ongoing SEC case remains a wildcard, with industry voices like attorney Jeremy Hogan noting that resolution could redefine U.S. crypto regulations.
Projection: A bounce from the $3.15–$3.10 support zone is crucial for bulls; a break below may see XRP revisit $2.95 quickly.
Reflection: Traders should stay alert — XRP’s volatility is event-driven and can pivot sharply on legal headlines.
Can XRP hold its ground under regulatory pressure?
