XRP has encountered significant resistance at the $2.67 level, ultimately rejecting a breakout attempt, which raises concerns about a potential deeper price correction. This situation is compounded by the recent decisions made by the Federal Reserve to cut interest rates, contributing to an overall downturn in the cryptocurrency market, including a notable slide in Bitcoin's value. Investors are now closely monitoring these developments, as the interplay between monetary policy and market dynamics could lead to increased volatility in the coming days.
source: https://www.coindesk.com/markets/2025/10/30/xrp-rejects-usd2-67-breakout-in-risk-of-deeper-pullback-as-fed-cuts-cause-bitcoin-slide