XRP has broken down from critical support levels amid market volatility and macroeconomic uncertainty.
Despite the price decline, on-chain data shows a new all-time high of 6.26 million addresses holding 1 XRP or more, indicating growing adoption and potential long-term strength.
XRP faces a critical test just below the $1.80 mark, with market sentiment fragile and potential for a sharp decline.
The drop in price has placed XRP below key moving averages, but a decisive reclaim of the $1.95 level could spark a recovery.