XRP’s attempt to reclaim $2.90 was cut short on Sept. 25 after a high-volume rejection at $2.80 triggered a sharp selloff. The token fell to $2.75, wiping out nearly $19 billion in market value over the past week.
XRP slid 5.83% between Sept. 25–26, with a $277 million volume surge at 17:00 marking the reversal. Market cap has contracted 10.22% in seven days, breaking below the $3.00 threshold despite optimism from the SEC’s approval of the first U.S. XRP ETF. Traders are now focused on whether $2.75 support can hold or if downside momentum will extend toward $2.70.
