XRP $XRPUSD has recorded a 2.24% intraday gain, reaching $2.198 as of the latest CoinMarketCap data. The move follows a volatile consolidation phase and reflects renewed positioning among traders. Despite broader crypto market fluctuations, XRP's relative strength places it in a favorable technical posture just below the $3.00 resistance. The token remains within a medium-term uptrend, rebounding from last week's lows. Notably, the last time XRP dropped below $3 was in February, reinforcing the psychological significance of the current zone.

The cryptocurrency market has once again found itself in turbulent waters. Bitcoin, the world's largest cryptocurrency, has experienced a sharp drop. As of 18:55 GMT, its price stood at $78,892.92, marking a 5% decrease. Ethereum, the second largest by market capitalization, has also seen a significant fall, dropping 9.62% to $1,617.65 by 18:59 GMT. These fluctuations raise serious questions about the current state of the crypto market, which continues to face persistent volatility.