Despite several positive developments for XRP, the price has taken a sharp fall. Events such as Donald Trump mentioning XRP on Truth Social, speculation about a U.S. XRP Reserve, the possibility of the SEC dropping its lawsuit against Ripple, and pro-crypto appointments like Howard Lutnick in key White House roles should have boosted investor confidence. Additionally, the SEC has launched a crypto task force to establish clearer regulations.
However, none of this has prevented XRP from crashing 29.9% in the last 30 days, including a 14% drop this week and a 10.5% decline in just 24 hours.
With such heavy losses, can XRP recover? Let’s take a closer look.
The entire crypto market is in a bearish phase, with a 9% drop in the past 24 hours. Most top cryptocurrencies have suffered losses:
XRP has followed the trend, falling 10.5% in the past 24 hours and 11.63% just yesterday.
At the moment, XRP is trading at $2.197, which is 28.55% below its monthly high. According to crypto analyst EGRAG CRYPTO, if XRP drops below $2.30, it could face a further freefall to lower price levels.
Yesterday, XRP closed at $2.278, and today, it remains 3.77% lower than its opening price.
Technical indicators show mixed signals:
On-chain data shows that large XRP holders—whales—have sold over 81 million XRP on exchanges, adding further pressure to the price.
XRP’s recent crash, whale sell-offs, and declining investor confidence raise concerns about its short-term outlook. However, oversold conditions and strong trading volume could open the door for a recovery.
Will XRP bounce back, or does it have further to fall? Investors should watch closely.
XRP’s low RSI suggests a possible rebound, but market volatility, investor uncertainty, and whale activity make it a high-risk investment right now.
XRP might reach a high of $3.99 with an average of $3.07.
As per our XRP price prediction 2040, Ripple could reach a maximum price of $148.37.
By 2050, a single Ripple price could go as high as $418.73.
The state of Connecticut has passed a law to prohibit the state from investing in…
Uniswap (UNI) price surged over 21 percent in the last 24 hours to trade at…
The United States Securities and Exchange Commission (SEC) has requested prospective fund managers seeking to…
Avalanche ($AVAX) is one of the top altcoin under the radar of more institutional investors…
Institutional Investors and Crypto Traders Eye Revolutionary Meme Coin Offering Advanced AI Protection and Attractive…
Meme Coin Opportunities in 2025: A Guide to the Next Crypto Boom As the crypto…