The cryptocurrency market is currently undergoing a period of intense scrutiny and volatility. The recent selloff of nearly 100 million XRP coins by a prominent whale has sent shockwaves through the market, igniting fears of a potential downturn below the critical $0.6 support level. As investors grapple with renewed bearish momentum and escalating market uncertainty, the trajectory of the Ripple-backed token remains shrouded in ambiguity, prompting a closer examination of prevailing market dynamics and their implications for XRP’s future.·
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