XRP Price Plummets as Trading Volume Evaporates - Critical Support Levels in Jeopardy

XRP faces brutal selling pressure as liquidity drains from the market.

Volume Collapse Signals Deeper Trouble

Trading activity has fallen off a cliff—down over 40% from last week's levels. The once-bustling XRP markets now resemble ghost towns as institutional players flee to greener pastures.

Technical Breakdown Accelerates

Key support levels shattered like cheap glass as bears tighten their grip. The $0.50 psychological barrier proved about as effective as a screen door on a submarine.

Market Sentiment Turns Toxic

Social media chatter shows panic setting in among retail bag-holders. Meanwhile, the usual crypto influencers continue pumping 'buy the dip' narratives—because what's another 20% loss between friends?

Regulatory uncertainty continues to haunt XRP like a bad hangover, proving once again that in crypto, the only thing more volatile than prices is regulatory guidance.

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Keurig Dr Pepper is a beverage company known for its popular brands like Schweppes, 7UP, and Canada Dry. Meanwhile, Starboard Value is an activist investment firm recognized for taking influential stakes in underperforming companies and pushing for strategic changes to boost shareholder value and unlock growth potential.

Activist Starboard Buys Into Keurig Dr Pepper

According to the Financial Times, which first reported the news, Starboard Value started building its position soon after Peet’s deal was announced in August and has reportedly been in private discussions with Keurig Dr Pepper’s management and board in recent weeks. The exact size of Starboard’s stake in KDP and its requests from the company are not yet known. Meanwhile, sources say Starboard’s talks with KDP have so far focused on better execution and boosting investor confidence, rather than launching a public campaign.

Notably, KDP stock has dropped more than 25% since the company announced its all-cash plan to acquire JDE Peet’s and separate its coffee and soft drink businesses. Because the deal doesn’t require a shareholder vote, Starboard has no direct way to block it.

Overall, Starboard’s MOVE shows its confidence in Keurig Dr Pepper’s long-term potential and hints it may push for changes after the Peet’s deal backlash.

What Is the Target Price for KDP?

According to TipRanks, KDP stock has received a Moderate Buy consensus rating based on 10 Buys, six Holds, and one Sell assigned in the last three months. The average Keurig Dr Pepper share price target is $33.40, suggesting a potential upside of 26.42% from the current level.