🚨 #xrp Crashes 10%—What’s Going On? 🚨
$XRP is down 10% today, extending its 25% weekly loss as the broader crypto market faces heavy selling pressure. After surging 500% from Nov-Jan, XRP is now struggling to hold its $2 support level.
📉 Why Is XRP Dropping?
✔ Market-wide sell-off: BTC & altcoins are plunging, wiping $560B off the crypto market cap.
✔ Declining network activity: XRP’s active addresses have dropped 50% since December.
✔ #Ripple vs. #SEC uncertainty: No recent updates on the case, weighing on investor sentiment.
🔍 What’s Next?
Analysts see $1.25 as key support—a break lower could trigger more downside, but if XRP holds, targets of $3+ remain possible.
Will XRP recover, or is more pain ahead?