XRP Crashes Through Key Support—ETF Rejections Spark Market Panic

XRP just got caught in the crossfire of regulatory skepticism and trader PTSD. The SEC's latest ETF rejection spree triggered a cascade of liquidations, slicing through support levels like a hot knife through meme coins.

Blood in the crypto streets

Another day, another 'protective' regulatory move that somehow vaporizes retail portfolios. XRP's nosedive mirrors the broader market's allergic reaction to the SEC's allergy to progress—because who needs financial innovation when you can have stale bureaucracy?

Traders now face a brutal choice: double down on the 'digital asset revolution' narrative or admit Wall Street's old guard still controls the game. Meanwhile, the usual suspects are buying the dip—either out of conviction or sheer masochism.

Funny how these 'investor protection' measures always seem to protect institutional shorts rather than Main Street bags. XRP's chart isn't just tracking price action—it's graphing the widening gap between crypto's promise and its political reality.