XRP's Sharp Drop:

- XRP fell below $2.20 amid a general crypto market correction.

- The price hit a multi-year high of $2.80 in early December, but fell to $2.23 on December 18, representing a 6% drop in a day.

- The total crypto market cap fell 9% after the Fed's rate cut.

- Analysts expect XRP to recover to $5 and above if a FOMO-driven rally occurs.