Is XRP’s Downtrend the Start of Something Bigger? Or Just a Dramatic Drama? 🤔
XRP, in what can only be described as an eventful trading day, took quite the tumble-nearly 5%, as institutions pounced on the opportunity to offload during the REX-Osprey ETF debut. This sell-the-news scenario swiftly wiped out a whopping $11 billion in market value. Clearly, XRP now faces the daunting task of defending its critical $2.77 support, as if it were a knight in armor warding off a dragon. 😅