90,446,990,333 US dollars.
This decline is attributed to several factors, the most notable of which are recent political developments, such as Argentine President Javier Milei's announcement of a new encrypted token that raised concerns about the possibility of it being a scam, leading to a decrease in investor confidence in the cryptocurrency market.
Technically, the price of XRP faces resistance at the $2.50 level, with strong support at $2.36. The Relative Strength Index (RSI) shows a neutral reading at 52, indicating a balance between buying and selling pressures.
Looking ahead, some analyses forecast the possibility of XRP reaching $3.35 in the near term, especially if the currency can break through current resistance levels. However, these forecasts depend on several factors, including regulatory developments and institutional adoption of the currency.
Investors are advised to monitor global political and economic developments, along with technical and regulatory updates in the cryptocurrency market, as these factors can significantly influence future price movements.