🚨 XRP price drops significantly! From a small peak of $1.60, it fell directly to the range of $1.35–$1.40, a decline of about 8%💥#特朗普希望尽快结束对伊朗战争
Analyst Sam Daodu stated that there are three main reasons behind this:
1️⃣ BTC still dominates the market, with over 58% market share causing funds to remain away from altcoins, making it difficult for XRP to take off on its own.
2️⃣ Whales have been cashing out since the peak of $3.65, with approximately 6 billion XRP flowing to exchanges, resulting in clear selling pressure.
3️⃣ 60% of holders have a cost higher than the current price, with $1.45 becoming a psychological selling point.
The absorption capacity of ETFs is limited, and regulatory policies may be key in the future💡 If the "CLARITY Act" is implemented, it may encourage institutions to enter the market, helping XRP break free from the consolidation range📈
In the short term, unless fund inflows, whale selling pressure, and regulations change simultaneously, #xrp may still be in a sideways consolidation. #特朗普缓和局势