XRP Tanks Below $2.30 as Bears Take Control
Crypto markets got a reality check today as XRP nosedived past the $2.30 support level—proof that even ’institutional darling’ tokens aren’t immune to good old-fashioned panic selling.
Whale-sized sell orders flooded the books, triggering cascading liquidations that would make a derivatives trader blush. The move comes as traders rotate into safer assets—or at least whatever passes for ’safe’ in this casino we call digital finance.
While the Ripple army will call this a healthy correction, the charts tell a darker story: a textbook breakdown with no immediate floor in sight. Maybe those ’fundamentals’ need to start pulling their weight.