XRP Price Slides 2.65% as Trading Volume Jumps 20.90% Amid $2.08 Resistance and Market Volatility

XRPUSDT experienced a 2.65% price decrease in the past 24 hours, with the current Binance price at $1.9079. The drop is primarily attributed to increased short-term investor accumulation below long-term holders’ cost basis, heightened trading activity resulting in a 20.90% volume surge, and persistent resistance at the $2.08 level amid market-wide volatility. Broader market corrections, including declines in Bitcoin and Ethereum, have contributed to bearish sentiment, while recent news of strategic partnerships and upcoming industry events have not yet offset selling pressure. XRP remains one of the top cryptocurrencies by market capitalization, with active trading and a circulating supply of approximately 60.79 billion tokens.