#Xrp🔥🔥

Why has the price of XRP dropped today?

XRP fell by 3.4% to 2.06 $ in 24 hours, underperforming BTC (-1.2%) and ETH (-2%). Here are the main factors:

Widespread market pullback: mass selling of $127 billion in cryptocurrencies amid a risk-off sentiment

Technical breakdown: $2.21 (30-day SMA) and Fibonacci support were lost

Validator update risks: the deadline for XRPL nodes to avoid network interruptions is approaching