XRP Price News: Ripple Plunges 8% as Bitcoin Falls Under $107,000

XRP plunged nearly 8% on October 30, 2025, as institutional selling intensified, breaking the critical support level of $2.46. This decline followed a broader negative reaction in the crypto market to hawkish signals from the Federal Reserve, despite some improvement in trade relations between the U.S. and China. XRP fell sharply from $2.65 to $2.48, with the breakdown accompanied by a significant trading volume of approximately 392.6 million tokens, nearly 400% above its daily average. Technical analysis indicates a confirmed bearish trend with resistance levels near $2.46 to $2.50, while downside targets range from $2.30 to $2.40. Traders are advised to exercise caution, as a sustained recovery above $2.50 could offer some relief, yet the prevailing conditions suggest the bears hold the advantage unless significant support is re-established.

Source 🔗