XRP has experienced a significant decline, falling to approximately $1.10 as a result of a liquidation-driven selloff, which has pushed the token to its lowest levels in several months. The price dropped sharply from $1.17 to as low as $1.09 before some dip buyers stepped in. Despite witnessing inflows of around $4 million into XRP ETFs, the overall market sentiment has worsened, with the Fear & Greed Index indicating extreme fear among traders. XRP's market capitalization has also fallen below that of USDC, reflecting its declining value. Analysts have identified the $1.09-$1.10 range as critical support, while the first recovery zone is seen between $1.12-$1.13. The broader trend remains bearish, with market participants cautious about the potential for further declines if support levels do not hold. The recent selloff has led to oversold conditions, but traders are advised to watch for stronger volumes on any rebounds to confirm a durable bottom.