Alex Dudov
⬤ XRP is getting hammered by sellers as the price keeps sliding through one swing low after another. The asset has crashed into a zone with virtually no support structure, while the chart confirms a textbook sequence of lower lows stacking up.
⬤ The breakdown happened after XRP got rejected hard near the $3.40 resistance area. Every bounce since then has been weaker than the last—each rally couldn't even touch the previous high. Once price smashed through the $1.80 support floor, the descent accelerated with nothing holding it back.
⬤ What makes this drop particularly nasty is that there's barely any trading history in this lower zone. When XRP punched below former support, it entered a price range where almost nobody had positioned themselves before. That vacuum of buying interest let sellers drive price down without meeting any real resistance.
⬤ This breakdown isn't just about XRP—it's the kind of price action that shifts how traders view the whole altcoin market. When an asset falls through thin-liquidity zones like this, volatility tends to spike sharply. Whether XRP finds its footing here or continues bleeding depends entirely on whether buyers finally show up or sellers keep running the show.
Alex Dudov
