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XRP Drops 5% to $2.47 as Bears Break Key Support Level
Yahoo Finance·2025-10-31 05:12

XRP broke below the $2.50 support during Tuesday’s session, sliding 5% to $2.47 as institutional selling pressure accelerated across major exchanges. The breakdown confirmed a decisive shift in structure following weeks of tight consolidation, with volume and chart patterns now aligning toward a deeper corrective phase.The breakdown reinforced strong overhead resistance at $2.60, where repeated rejection points over recent weeks had capped upside momentum.XRP’s market underperformance contrasts with broade ...