Cryptonian

$XRP is feeling the heat today, falling 0.84% as a broader market sell-off triggered over $1.5 billion in crypto liquidations, dragging the token down despite no coin-specific bad news.

This market turbulence combined with technical resistance, as $XRP failed a critical $3.07 Fibonacci test and saw its MACD confirm bearish momentum. The recent SEC approval of the first U.S. XRP ETF on September 24th, while a major bullish catalyst, led to short-term "sell the news" profit-taking after a strong 90-day rally. Ultimately, the dip reflects macro fears and a technical retracement, but the underlying structural bullish trend from institutional adoption via the ETF remains intact.

#XRP #XRPLedger