XRP price crashed more than 5% in the past 24 hours, erasing $10 billion in market capitalization as technical weakness and mixed ETF sentiment weighed on the token.
The price dropped to $2.84, down from $3.05 support and below the $3 psychological threshold, with the decline pushed XRP’s market cap from $179.82 billion to $169.72 billion, underperforming the broader crypto market’s 3.35% decline over the same period.
XRP 1-day market cap chart. Source: CoinMarketCap
Technical indicators confirm the bearish shift. XRP’s MACD histogram printed at –0.0146, while the relative strength index (RSI) fell to 46.58, signaling downside momentum. The breakdown also triggered $113 million in long liquidations, according to CoinMarketCap’s community data.
$2.88 is the next key Fibonacci retracement level (78.6%). A sustained move below $2.75, the swing low, could open the door to a deeper correction.
Crypto trading expert weighs in
The intraday slide also arrived amid a pub
We współpracy z: https://finbold.com/xrp-crashes-5-in-a-day-erasing-10-billion/
