The XRP Ledger experienced a sudden drop of approximately 400,000 transactions overnight, occurring during an exceptionally volatile week for the broader market. This activity decline, with an unconfirmed cause, could be the result of the recent market crash or a reduction in automated low-value transactions. XRP’s price fell from about $1.50 earlier in the week to near $1.3866, dropping to $1.32 on Thursday before rebounding. The key support level stands at $1.38 and the RSI is around 42, indicating market weakness but not oversold conditions.
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