Will XRP Price Dip Further or Rebound Soon?

XRP price is struggling to recover after a sharp sell-off that mirrored the broader cryptocurrency market’s volatility. Over $640 million in leveraged positions were wiped out in just 24 hours, turning a typical weekend correction into a cascading liquidation event. Bitcoin’s plunge below $86,000 triggered panic across altcoins, including XRP, which dropped around 4% in the latest session to trade near $2.09. The question now is whether this decline represents an end or merely the beginning of a deeper downtrend.