Why XRP Is Going Down Today – Key Reasons Behind the Price Crash
Despite a range of macro and micro-market market developments, they promise to create a favorable market environment, especially XRP, including US President Donald Trump’s mention of XRP on the Truth Social Platform, strengthening people’s concerns US XRP Reserve Possibility, increase the possibility that the SEC will place it against liberal litigation, appointment Pro-Claputo leaders such as Howard Lutnickin a key White House position, Establish an encryption working group Under the SEC, a clear crypto-regulatory framework was established – the price of XRP has dropped sharply by 29.9% in the past 30 days.
In the past seven days alone, prices have fallen by 14%. What’s more, it has plummeted by about 10.5% over the past 24 hours. Can XRP be recovered from this Didi? Curious? Continue reading!
XRP price drops 10.5% in market crash
Currently, a broader trend Cryptocurrency market is obviously bearish. The cryptocurrency market has dropped by about 9% in the past 24 hours. Almost all the top ten cryptocurrencies have experienced a drop. Bitcoin fell 6.2%, Ethereum fell 10.5%, BNB fell 5.2%, Solana fell 12.6%, Dogecoin fell 10.3%, Cardano fell 9.2 %.
The trends in the XRP market are no different. The market has fallen by about 10.5% over the past 24 hours. Yesterday alone, the market fell 11.63%
Currently, XRP is priced at $2.197 – at least 28.55% lower.
Analysts identify key levels in the XRP market
In recent X posts, a crypto analyst, identified as Egrag encryptionwarns that if the price is below the crucial $2.30, it may be free to drop to the lower target.
Yesterday, XRP closed at about $2.278. at present, XRP Price At least 3.77% lower than the opening price of the day.
XRP Technical Analysis: A Brief Overview
The RSI reading for XRP currently observed on the daily chart is still 33.04, which is located in the super sales area. This suggests that the price of recovery from current levels is high.
However, the report shows that XRP’s futures open interest has dropped by more than 15% recently. This means investors have lost confidence in cryptocurrencies.
It is worth noting that XRP’s 24-hour trading volume is still 100.52 million, the highest since February 3, 2025.
More importantly, the report shows that a large XRP holder or whales recently dumped no less than 81 million coins onto the exchange.
In short, the price of XRP fell, whale sell-offs and investor uncertainty attracted people’s attention.
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FAQ
XRP’s low RSI suggests there may be a rebound, but market volatility, investor uncertainty and whale activity make it now a high-risk investment.
The high price of XRP could hit $3.99, with an average of $3.07.
According to our XRP price forecast of 2040, the highest price for Ripple is $148.37.
By 2050, a single ripple price could be as high as $418.73.
