XRP Price Drops but Bulls Defend Key Levels – Can it Bounce?

Description

XRP is down 8.9% in the past 24 hours and currently stands at $2.04 per coin – its lowest level since February 3. The crypto sell-off that started last week amid the Bybit hack has caused panic among investors as reflected by the Fear & Greed Index. According to data from CoinMarketCap, this market sentiment gauge has dropped to its lowest level since the website started to compile it back in June 2023. At its current level of 21, it indicates that the market is in “Extreme Fear” mode, as a resu...