🔻 Why Is XRP Down Today? Selling Pressure Builds

XRP extended its pullback as profit-taking and broader crypto market weakness weighed on price action. The decline appears driven more by technical rejection and sentiment shifts rather than any major negative fundamental news.

Key Facts:

• XRP faced profit-taking after failing to break key resistance levels

• Increased whale transfers to exchanges signaled potential selling pressure

• Broader crypto market weakness (BTC & ETH pullback) added downside momentum

• Lack of fresh bullish catalysts reduced buyer conviction

Market Insight:

XRP’s drop appears technical and sentiment-driven, not event-driven. If key support zones hold, stabilization is possible — but sustained weakness in Bitcoin could keep pressure on altcoins.

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