FIBONACCI RETRACEMENT LEVEL

Last updated: June 17, 2025, 00:44  |  Written by: Arthur Hayes

Fibonacci Retracement Level
Fibonacci Retracement Level

Per Data From Coinglass

XRP has dropped 16% in the past 24 hours as the sell-off prompted by the Bybit hack is getting worse. How low can it go?

Per data from Coinglass, 5.1 million XRP tokens worth approximately $2.18 million had been wiped out from the market in the said timeframe. Long traders were hurt more

Although this plunge could be attributed to the overall crypto market drop, XRP’s retracement is more painful than most, being down by 11% on a 24-hour scale and by 15% on a 36-hour one.

The Ripple

XRP’s performance has continued to sink, with another 3.6% drop in 24 hours. Ripple’s XRP is fighting to stay afloat after a brutal plunge wiped out nearly $800 million

XRP Struggles for a Comeback: Will It Hit $0.63 or Drop More?

The Ripple-affiliated XRP token is down nearly 25% over the last 24 hours, becoming the worst-performing cryptocurrency in the top 10 alongside Dogecoin (DOGE) and

Ripple

Ripple: 5M XRP wiped out in 24-hours; Is a drop to $0.25 imminent?

XRP Price Crashes Below $2 – Will Ripple (XRP-USD) Rebound or

Ripple’s XRP-USD is facing a brutal sell-off, dropping over 13% in the last 24 hours and currently hovering around $2.15. The downward momentum has accelerated, with

Over The Last

$2.2 Billion Wiped Out as XRP and Other Altcoins Collapse

XRP Price Breaks Below Key $2.50 Support: Ripple to Drop Further?

Over the last 24 hours, XRP saw a minor 0.3% drop. Ripple’s Q3 report reveals key shifts in its XRP holdings and escrow reserve, alongside a rise in trading volumes

In This Case

The XRP price has dropped to $0.55 as the crypto token continues to struggle to break above the $0.60 resistance level. This recent drop is due to several factors

In this case, XRP’s market cap currently stands at $138.09 billion, a total drop of $24.97 billion in the last 24 hours. On a weekly timeframe, the asset has wiped out $32.96

Why Did Ripple’s (XRP) Price Crash by 18% in 36 Hours?

XRP News: Ripple’s Q3 Report Reveals 5% Drop in XRP Holdings

Ripple Labs Liquidating XRP Again: How Will XRP Price React?

XRP enters death spiral as $25 billion wiped in a day - Finbold

Within The Last

Here’s Why The XRP Price Plunged To $0.55 - TradingView

Within the last 24 hours, XRP has recorded a major price drop, decreasing by 2.76% to $0.524. This decrease comprised a 5.52% decline since the start of the week.

Arthur Hayes can be reached at [email protected].

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