$XRP XRP has dropped to its lowest price level since the period around Donald Trump’s election sending a clear warning signal across the crypto market. The breakdown below a major support zone has shifted market sentiment from neutral to cautious, as sellers take short-term control.
For weeks, this support area had acted as a strong floor for XRP, absorbing selling pressure and triggering multiple bounces. However, the latest move shows that buyers failed to defend this level, resulting in a sharp decline and increased volatility.
Market participants are now closely watching the next demand zone below, where buyers may attempt to step in. If XRP fails to hold this upcoming area, further downside pressure cannot be ruled out in the short term.
On the technical side, momentum indicators suggest weakness, with bears maintaining dominance after the support break. Any recovery attempt may face resistance near the previously broken support, which could now act as a supply zone.
From a broader perspective, this move highlights how sensitive XRP remains to overall market conditions and sentiment. While short-term risk remains elevated, long-term holders are watching closely to see whether this dip turns into an accumulation opportunity or signals a deeper correction.
As always, traders should manage risk carefully and wait for clear confirmation before making major decisions in this highly volatile environment.#XRPHACKED #WhaleDeRiskETH #EthereumLayer2Rethink? #WhaleDeRiskETH #KevinWarshNominationBullOrBear #BitcoinDropMarketImpact 