Microeconomics

🚨#xrpleadscryptopullbackdropsnearly7%  — $XRP  led today's crypto selloff after a monster rally. After surging ~44% in a week to the $1.66 resistance, $XRP has given back nearly 7% in 24 hours, sliding to the $1.40s and leading losses among the top 10 cryptocurrencies — a classic leverage unwind as momentum cooled. 📉 The setup: Price is now testing the psychological $1.40 support . A break below opens a liquidity sweep toward $1.35 (RSI is already near oversold); reclaiming $1.43–1.45 would signal the dip is done. 💪 The counter-narrative: On-chain activity tells a different story — XRPL usage is stable, RLUSD supply crossed $2B , and $XRP ETF inflows keep piling in with whales returning. Some analysts still map the next leg toward $2.25 ; Canary Capital's CEO even floats $3 in months . Bottom line: A 7% dip after a 44% week is textbook profit-taking. The real test? $1.40 holds or not. Hold it — the rally resumes. Lose it — $1.35 is the magnet. Watch the level, not the noise. 👀 #SECSendsCryptoCustodyRuleToWhiteHouse #BitcoinFaces$6.4BOptionsExpiry #IranSaysHormuzOmanDealNotFinalized #XRPRallies44%InAWeek