XRP has recently encountered a notable downturn, experiencing a drastic 13% plunge within just 24 hours, bringing its price down to $0.53. This sudden and substantial decline has ignited curiosity and prompted analysis as investors strive to comprehend the driving forces behind this unexpected reversal.

Understanding XRP’s Price Movement

XRP, renowned for its utility in facilitating cross-border payments and decentralized finance applications, has found itself amidst a pronounced downtrend in its price trajectory.&middot

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