🔴The price of XRP has dropped today to below $3 📈
Speaking of the third strongest cryptocurrency asset, XRP has also reversed its decline, with the price of XRP today dropping by 2.55% to $2.9484.
The XRP/USD pair has been trending downward since mid-August, and the Bitcoin correction has accelerated the pace of the decline. Traders are now watching the low recorded in August at $2.74, with the possibility of retesting near $2.40 if selling pressure intensifies.
This move highlights how altcoins are tied to Bitcoin market volatility, and today's decline reaffirms these links.
Despite previous optimism about XRP's trajectory, the recent wave of liquidation and risk-averse sentiment have weakened its near-term outlook.
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