XRP attempted to reach a new all-time high but faced resistance and subsequently experienced significant losses. The recovery of XRP now depends on Bitcoin's performance, as its price movement influences XRP's future. XRP's supply in profit surpassed 95%, triggering selling pressure and causing losses. Declining profits pose a risk as more holders may sell, driving prices lower. XRP's correlation with Bitcoin is strong at 0.92, meaning it is likely to mimic Bitcoin's price movements. If Bitcoin stabilizes and trends upwards, XRP may find the support needed to resume recovery. Currently trading at $2.46, XRP needs to reclaim lost ground and surpass resistance at $2.70 for a potential recovery and further gains.



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