Price and Trend: The price of XRP has fallen below $1.30, hovering around $1.28-$1.34 after breaking through key support levels. A decline of -20.62% has been recorded in the past week.


Ripple Actions: Ripple Labs released 200 million XRP from its trust, which often causes short-term volatility.
Market Sentiment: There is significant bearish pressure, marking the largest drop since Trump's electoral victory, according to CoinDesk.
Ledger Developments: Despite the decline, Ripple is making progress in decentralizing funding for the development of the XRP Ledger.
XRP-2,39%
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