Crypto darling XRP under pressure, price dips below $3 - what's causing the drop, is a massive selloff coming?

  • Posted on August 1, 2025
  • By Business News Today
  • 1 Views
Crypto darling XRP under pressure, price dips below $3 - what's causing the drop, is a massive selloff coming?

XRP price drop below $3 has shocked investors, triggering fresh concerns about a potential massive selloff. The crypto darling lost over 8% in just 24 hours after facing resistance near $3.17 and heavy insider and whale selling. Ripple co-founder Chris Larsens $175 million XRP movement raised more red flags, while profit-taking and weak market sentiment added pressure. Still, strong support at $2.94 could protect it from deeper losses. Analysts see a possible rebound if XRP closes above $3 soon. Is this a correction or the start of something bigger?
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