Xag net that XRP took a big hit today. The price dropped from around $2.06 down, broke that critical $2.05 support, and went all the way down to $1.906 before showing some stabilization. Typical liquidation scenario: as soon as that line in the sand was broken, forced sellers kicked in.

Now XRP hovers around $1.93–$1.94 and looks quite stable, but it feels more like a pause than a real rebound. Traders are watching that $1.93 as the first support, and honestly, it's interesting how the crypto space elsewhere is green while XRP lags behind here. The volume spike was insane — 335M per hour — proving this was pure liquidation action, not organic selling.

The technical setup is now simple: if XRP regains $1.95 and climbs to $2.05, we know this was just a reset. But if it loses $1.93 and drops to $1.91, things start to look worse. Bitcoin held up well above $74k, so the market seems cautiously optimistic. Watching whether XRP can reclaim that sand line or if this goes deeper.