The post XRP Price Drops Below $2.10: The Worst-Performing Top 10 appeared on BitcoinEthereumNews.com.

The crypto market is going through another rough patch, and XRP is taking the biggest hit among the top 10 cryptocurrencies. According to CoinGecko, XRP has dropped by 4.5% in the last 24 hours, now trading at $2.09 after hitting a low of $2.08. This makes it the worst performer among the top 10, even worse than Cardano (ADA), which fell 4.4%. XRP is getting close to an important support level at $2.00, a price it hasn’t fallen below since May 11. Over the past week, XRP has dropped by 14%, making it the worst-performing crypto among the top 20. In comparison, Bitcoin (BTC) is down 5.5%, while Ethereum (ETH) and Solana (SOL) have dropped 11.6% and 9% respectively. Ripple’s SEC Victory Didn’t Help XRP Price On March 19, Ripple CEO Brad Garlinghouse announced that the legal battle with the U.S. Securities and Exchange Commission (SEC) had ended. Initially, this pushed XRP’s price up to $2.6, but the excitement didn’t last. Since then, the price has dropped by about 20%, showing a “sell-the-news” effect where traders sell after big news events. Even last week’s final confirmation of the lawsuit’s closure didn’t help XRP’s price recover. A major reason for XRP’s price drop is the large number of coins being sold by whales (big investors). Reports show that whales have sold 1.12 billion XRP, worth about $2.3 billion, in just two days. This massive sell-off, equal to about 2% of XRP’s total market value, has pushed the price down even further. Technical Indicators Show More Downside Risk Looking at the charts, XRP is struggling to move higher. A downward trend has formed, with resistance at $2.148. If XRP can’t break above $2.15, it may continue falling. The next key support levels are $2.08 and $2.05, with $2.00 being a critical price…

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Filed under: News - @ April 1, 2025 4:18 am