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Ripple’s XRP cryptocurrency has faced immense selling pressure over the past month, with its price falling 13% in the last 30 days. The asset’s dropoff slowed last week, but some analysts are still fearful of a further slump. President Donald Trump’s sweeping global tariff announcement caused concerns in both the stock and crypto markets. Thus, top tokens like XRP, ETH, and even SOL are facing pressure. The introduction of tariffs triggered $19 million in liquidations over the last day. Moreover, XRP is now facing the critical $2 support. Indeed, the token fell to the $1.9 level Thursday but has rebounded upwards over the last 48 hours, according to CoinMarketCap. Experts have identified a descending triangle on the asset’s daily chart. Subsequently, the crypto’s price could drop even further with a continuing sell-off. Ultimately, it could settle at $0.62 lows if it fails to stay above the $2 mark. Furthermore, popular crypto analyst, Ali Martinez, recently posted on X abo...

After unlocking another 1 billion XRP from the initial distribution escrows on October 1, Ripple prepares for another monthly sell-off. For this month, traders and investors can initially expect a 200 million XRP sale with a potential negative price impact. As usual, the company sent 20% of the unlocked amount to the ‘Ripple (1)‘ address, its liquid treasury account. Ripple has been displaying a similar pattern every month since the implementation and first unlock of XRP Ledger’s escrows. Last month, however, the company sold the usual 200 million tokens, with an additional 150 million XRP. The extra sale made in September was the second-largest dump this year, totaling approximately $200 million worth of the cryptocurrency. Picks for you ‘Rich Dad’ R. Kiyosaki reveals which investment is recommended by Jesus himself ...