📉 Why XRP Is Slipping Again - Here’s What’s Driving It
XRP is under pressure as risk-off sentiment spreads across crypto. As $BTC moved lower, XRP followed - down about 3% on the day, trading near $1.40, with losses stacking up across the week and month.
The move isn’t isolated. Bitcoin slid roughly 2.5%, dragging the broader market with it as total crypto cap fell to ~$2.34T. When BTC weakens like this, altcoins usually feel it harder - and XRP is no exception.
Sentiment confirms the tone. The Fear & Greed Index sits at 10, still deep in Extreme Fear. That tells me buyers are cautious, not aggressive, which limits dip-buying and allows sellers to stay in control.
Key $XRP levels I’m watching now:
• $1.40 as immediate support
• A break lower risks deeper downside as fear persists
• Any recovery depends on BTC stabilizing first
Until sentiment improves and Bitcoin finds firmer ground, XRP is likely to stay reactive - with downside pressure still firmly in play.