XRP’s price struggles at the resistance level of 3.40 as disappointing news about BlackRock’s plans for a spot XRP ETF shakes investor confidence. BlackRock announced it has “no plans at this time” for an XRP exchange-traded fund. This sentiment has now sparked fears of a potential decline towards the 3-dollar mark, posing challenges for XRP holders. The news serves as a sobering reminder that market conditions can change rapidly, affecting even the most optimistic outlooks.