The XRP drops 5% in the latest market session as high-volume selling pressure continues to weigh heavily on the cryptocurrency. This sharp decline has alarmed investors and triggered further concerns about the short-term momentum of Ripple’s native asset. The decline reflects a broader bearish sentiment sweeping across the altcoin market.
Over the past 24 hours, XRP has seen a notable drop of 5%, pushing its price down to the $0.47–$0.49 range. This retreat was largely triggered by a surge in sell orders across major exchanges, signaling that many traders are either taking profits or cutting losses amid uncertain market sentiment. Analysts note that such volume-driven declines often reflect institutional or whale-level movements rather than retail panic alone.
Adding to the pressure is the lack of strong buying support at lower levels. As XRP drops 5%, support zones around $0.46 and $0.44 will be key to watch. If those break, the token may slip into deeper retracement territory, potentially testing long-term support near $0.40. However, some traders remain cautiously optimistic, pointing to the potential for XRP to rebound if broader market sentiment stabilizes.
While the SEC vs. Ripple case has seen some positive developments in recent months, they haven’t been strong enough to sustain bullish momentum amid broader crypto volatility. This latest drop illustrates how XRP remains highly vulnerable to market sentiment shifts and liquidity movements.
In technical terms, RSI (Relative Strength Index) has started dipping toward oversold levels, which might suggest a potential for reversal — though no bullish divergence has formed yet. If buyers don’t return soon, this may reinforce the bearish pattern seen over the past few weeks.
Looking ahead, investors should monitor key levels and stay updated with broader crypto market trends and regulatory news. The drop in XRP highlights the importance of risk management and staying alert during turbulent periods in the crypto space.
