The XRP price fell below $1.35 just now after an attempted recovery toward $1.40 lost momentum. Not just XRP, renewed selling pressure also hit the crypto market. More than $220 million in crypto long positions were reportedly liquidated over 12 hours as Bitcoin and Ethereum dropped toward $81,000 and $2,300, respectively.

Crypto Liquidation, Coinglass

The downturn comes as the XRP Ledger prepares a significant network maintenance update, although a setback in validator support has pushed its expected activation into November. The combination of weakening price action, leveraged liquidations, and uncertainty surrounding the upgrade leaves XRP wobbling, waiting to see if buyers can defend the $1.30 area.

…