$XRP’s drop this time really stings. I just checked the price: $1.09, down a straight 6.33% in 24 hours. It had peaked at $1.17 and plunged as low as $1.08. Trading volume is still holding up at $882 million, which suggests plenty of people are heading for the exits, but buyers haven’t exactly been sitting on their hands either. Honestly, this price action doesn’t surprise me at all. Over the weekend, Nvidia’s investigation news sent the AI sector in U.S. stocks into chaos. Taiwan stocks, meanwhile, jumped 6% and looked lively, but it’s clear that money is pulling out of high-volatility assets. Large-cap, mainstream coins like XRP are among the first to be used as ATMs. I’ve noticed something pretty interesting: volume hasn’t dried up during this drop; it’s stayed elevated. That suggests this isn’t the kind of crash where panic selling sends everything tumbling all at once. It looks more like an organized reshuffling, with some people reallocating their positions as the AI narrative cools off. I took a look at a few financial headlines today—things like “Last week’s U.S. stock sell-off was a good thing” and “Buy these three growth stocks during a market crash.” The spin is way too obvious: institutions telling retail investors not to run. But on-chain data doesn’t lie. XRP has been grinding around the $1.08–$1.17 range for almost a day. The $1.08 level has been tested repeatedly without breaking, so it looks like a short-term base may be forming. My take: don’t rush to buy the dip, and don’t rush to sell either. At this price, XRP is caught between sentiment and technicals. For it to move up, we’ll need to wait for the AI sector to catch its breath. If it drops below $1.08, the next support is the round-number $1 level—and that’s when conviction will really be tested. The worst thing to do right now is get caught up in Taiwan stocks’ 6% rally and rush in. The link between the Asian stock market rebound and crypto has clearly weakened this time; they’re each doing their own thing. What do you think?