🚨 XRP (Ripple) Crashes Under $2.90 After Brutal Double Blow

XRP just got slammed with back-to-back shocks that sent its price spiraling below the $3.00 mark.

📉 XRP Price Gets Hammered

Between August 19–20, XRP plunged 4%, dropping from $3.02 to $2.90.

The bloodbath peaked between 1–3 PM on August 19, when XRP nosedived from $3.04 → $2.93 in just two hours.

Trading volume exploded to 137.18M during that hour — nearly double its daily average of 71.23M. That’s a clear sign: big money was rushing for the exits.

Buyers managed to defend the $2.85–$2.88 support zone overnight, stabilizing price around $2.89–$2.90… for now.

🏛️ SEC ETF Delay Slams Investor Hopes

The SEC just pushed back XRP ETF applications until October, including the big Nasdaq CoinShares filing.

Investors had been riding a wave of ETF optimism — but this delay poured cold water on the rally, forcing institutions to step back until there’s regulatory clarity.

🔐 Security Audit Disaster

As if that wasn’t enough, a damning security audit ranked XRP Ledger dead last (15th out of 15 major blockchains).

For institutions, that’s a nightmare. With ETF decisions pending, the weakest security score possible is a confidence killer. No surprise that whales are reevaluating their positions.

🔮 What’s Next for XRP?

Resistance: $3.04

Support: $2.85–$2.88

Traders are watching if $3.00 can flip back to support, but make no mistake — the October SEC rulings will be make-or-break.

With security concerns looming, ETF approval just got a lot tougher.

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