币界网报道:XRP price dropped 3.2% today as bearish momentum builds, currently trading around $0.50. The decline comes amid broader crypto market weakness, with Bitcoin and Ethereum also seeing losses. Analysts note XRP has broken below key support levels, potentially signaling further downside. Trading volume remains elevated at over $1 billion, indicating active selling pressure. The cryptocurrency faces resistance near $0.55, which has capped recent rallies. Some traders point to ongoing legal uncertainty surrounding Ripple's SEC case as a factor weighing on XRP's performance. Despite the drop, XRP maintains its position as the 7th largest cryptocurrency by market capitalization. Technical indicators show the RSI approaching oversold territory, which could lead to a short-term bounce if buyers step in. Market participants are watching for any developments in Ripple's legal battle or broader crypto market sentiment shifts that could impact XRP's price trajectory.