The price of XRP has decreased by 6.82%, reaching a critical support level of $2 amid tensions between Donald Trump and Elon Musk. This feud has raised alarm over potential political and economic repercussions.
Experts indicate that should XRP fall below the $2 mark, it could drop by as much as 25%, lacking any support until $1.50. This volatility comes despite XRP’s impressive rise of over 306% since November 2024.
Currently, XRP is trading around $2.13 with an extraordinary trading volume of 82%, amounting to $3.52 billion. The clash over tax policy by Trump and Musk has led to this market turbulence, impacting investor sentiment.
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