Ripple’s XRP Price Plunges Amid SEC Settlement Uncertainty

Ripple’s recent settlement with the SEC has triggered significant market fluctuations for XRP, resulting in price volatility. While analysts anticipate a positive impact on Ripple’s future regulatory standing and investor trust, the immediate effect has been downward pressure on XRP trading around $2.36, following consecutive declines. 🧠 Technical analysis suggests this decline is linked to short-term technical breakdowns and broader market sentiment shifts impacting cryptocurrencies as a whole.