📉 $XRP Pulls Back 4% Amid Market Rally — Profit-Taking or Trend Reversal?
While the broader crypto market continues to rally, XRP is facing short-term selling pressure, falling -4% in 24h and dropping below the key $2.30 support zone.
🔹 Weekend low: $2.28
🔹 Key support: $2.25 — breakdown could open path to $1.90
🔹 Double bottom pattern forming on the chart
This move comes despite $BTC reaching a new ATH above $111K and $ETH gaining over 43% since April lows. Analysts suggest XRP’s correction may be linked to profit-taking, as the asset has surged 334% YoY.
Short-term volatility aside, XRP remains one of the top-performing assets over the past year. The next few days may determine whether the $2.25 level holds — or if further downside is ahead.
