XRP Price Drops: Understanding the Factors Behind the Decline

XRP’s price has experienced downward pressure recently, leading to concerns among traders. The coin, which once hit highs of nearly $2.47, has struggled to sustain its gains and is now trading around $2.17. Although this is a slight recovery from a low of $2.13 earlier in the day, it remains trapped in a downtrend. Analysts are closely watching key support levels for clues on future movement. .