XRP Price Drops Amid US-Iran Tensions and Bearish Momentum

XRP's price took a hit following President Trump's announcement of an end to the US-Iran ceasefire, plummeting by 4.32% to around $1.07.

This significant drop led to over $400 million in cryptocurrency liquidations, with XRP long positions losing $8.61 million, the largest since June 25.

Technical indicators show bearish momentum, with critical support between $1.00 and $1.05; a break below could push XRP toward $0.90.