XRP Price Plummets 7%: Can It Avoid a Drop to $2?

The price of XRP has experienced a significant downturn, losing over 7% since last week. This pullback follows an impressive rally that saw prices surge from $2.80 to $3.40, fueled by the broader altcoin momentum and Ethereum’s upward trajectory. However, this optimism has waned quickly. As of today, XRP is trading below the psychological $3 mark, raising concerns about a deeper correction that could erase early August gains. 🔍