STP USD Price & Performance (STPTUSD)

XRP has entered a bear market, dropping to $2.40, which is 30% below its peak this year. The cryptocurrency's decline aligns with broader market trends, including Bitcoin's struggles. Technical patterns, such as a head and shoulders, suggest further declines, with potential support at $1.79 and $1.6130.1

The crypto fear and greed index has fallen to 38, reflecting increasing caution among investors. XRP's bearish technical indicators, including movement below key averages and a head and shoulders pattern, point to potential further losses. Broader market weakness continues to weigh on sentiment.1

Ripple's XRP has seen significant losses, with technical indicators showing bearish momentum. The cryptocurrency has dropped below critical moving averages and formed a head and shoulders pattern. Key support levels to watch include $1.79 and $1.6130, as the market remains under pressure.1