XRP holders are feeling the sting after the token suffered a sharp pullback, erasing a chunk of its July gains in what appears to be a mix of technical unwinding, opportunistic profit-taking, and a sudden regulatory curveball.
At the time of publication, XRP is trading at $3.11, down 10.29% in the past 24 hours. In a dramatic move, the token plunged to $2.99, briefly losing the key $3 psychological level before clawing back to reclaim it as support.
XRP 1-day price chart. Source: Finbold
The rapid dip followed XRP’s recent rally, where it had climbed over 42% in the past month, fueled by optimism around broader altcoin flows and a retest of the $3.65 resistance zone on July 18.
But momentum has reversed sharply. More than $105 million worth of long positions were liquidated, triggering a cascading wave of sell-offs across exchanges. Meanwhile, Upbit’s release of 75 million XRP into circulation added to the flood of supply, weighing heavily on prices. At the same time
We współpracy z: https://finbold.com/xrp-price-just-crashed-10-heres-why/
