XRP Plummets, Driven by Extreme Fear and Market Weakness

XRP’s price continues to struggle as the cryptocurrency market experiences a downturn. The crypto asset is facing heavy pressure, driven by a surge in ‘extreme fear’ sentiment readings and a weakening trend on multiple timeframes. While some buyers are tentatively entering around $1.90, the overall market remains hesitant, creating a lack of buying momentum. 35% of XRP’s trading volume has taken place during red candles (showing consistent selling pressure). Market data reveals that this downward trend is not just temporary; it reflects a more permanent shift in sentiment and market dynamics.