Today, XRP is under heavy pressure, falling about 7.5% and trading below $1.73 after the recent gold price crash. The sharp drop triggered around $72 million in long liquidations for XRP traders.
If this trend continues, XRP could attempt a recovery toward the $2.30–$2.50 range. On the downside, a rise in exchange reserves could increase the risk of a drop toward $1.60.
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