🚨 $XRP Drops 5.6% Despite Ripple’sĀ $1BĀ Acquisition - What’s Next for Price Action?

Ripple’s latestĀ $1Ā billion move - acquiring GTreasury to expand its real-time liquidity network - should’ve been a bullish catalyst. Instead, XRP tumbled 5.6% in 24 hours, slipping fromĀ $2.47 to a daily low ofĀ $2.29. šŸ“‰

DespiteĀ $7.58B in trading volume, sentiment flipped bearish fast. XRP’s market cap shrank 5.75% toĀ $137.21B, highlighting a disconnect between Ripple’s business progress and market reaction.

šŸ” On-chain & technical view:

$XRP has broken below the keyĀ $2.47 support, entering a consolidation zone betweenĀ $2.27–$2.29. Both RSI and MACD point to heavy overselling - typically a setup for short-term volatility rather than an immediate rebound.

If bears maintain control, theĀ $2.14 support is the next critical level to watch. A daily close underĀ $2.29 could accelerate the slide. Conversely, reclaimingĀ $2.47 would be a strong bullish confirmation and could reopen paths towardĀ $2.60+.

šŸ“Š Big picture:

While Ripple continues scaling its institutional liquidity stack, traders remain cautious. The market is yet to price in the long-term impact of the acquisition - but for now, momentum traders control the narrative.

šŸ‘‰ XRP sits at a crossroads:Ā $2.14 could define the next wave. For businesses, investors, and innovators - this is the level that decides whether Ripple’s billion-dollar bet translates into real market strength. šŸ’”

#xrp