🚨 XRP's price is currently experiencing a downturn due to various factors, including profit-taking after its impressive rally in November. The price has dropped by 14.86% in the last 24 hours, closing at $2.2176.

Several factors are contributing to this decline, including the SEC's appeal against Ripple-related rulings and the Senate Banking Committee's vote on SEC Commissioner Caroline Crenshaw's renomination. A negative outcome in either of these events could further pressure XRP's price.

However, some analysts remain bullish on XRP's long-term potential. One analyst predicts that XRP will bounce off the $2.25 support and skyrocket to a new all-time high of $4.4, putting its market cap at over $250 billion. $XRP #BuyTheDipOrWait #AltSeasonBoom?