XRP Drops 10% After Breaking Key Support

The post XRP Drops 10% After Breaking Key Support appeared first on Coinpedia Fintech News

XRP dropped 10.08% to $1.43, underperforming the broader crypto market’s 7.18% decline and falling 23.85% over the past seven days. The drop followed a break below the critical $1.60 support, triggering automated selling and hitting the lowest price since November 2024. Bitcoin’s 6% decline and a global tech sell-off added pressure. Despite this, social sentiment remains strong, though extreme fear suggests short-term emotional selling may continue before a potential bounce.