The crypto market is currently facing significant sell pressure, with Bitcoin, Ethereum, Solana, and XRP all experiencing downward movements. Bitcoin ETFs are also seeing large outflows. XRP has broken below a key support level, signaling potential further downside movement. If XRP confirms a daily close below $2.25, the next major support is expected to be between $1.95 and $2.05. Resistance is strong between $2.65 and $2.80. Technical analysis indicates a bearish sentiment, with XRP forming lower highs and lower lows and exhibiting a bearish divergence. The price action of XRP is influenced by broader market trends.



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