News View Non-AMP

Why XRP Price Is Down Today—Market Fears and ETF Rejections to Blame?

Published by
Debashree Patra

XRP Price is back under pressure, sliding nearly 5% over the past 24 hours as selling volume surged and key support levels gave way. The token dropped from $2.254 to $2.164, extending its weekly loss to almost 9%. Despite a few recovery attempts, sellers continue to dominate, and the $2.20 resistance has become a major hurdle.

XRP Faces Heavy Selling Pressure Near $2.19

The biggest wave of selling came between 3 PM and 4 PM, where trading volume doubled and cemented resistance near $2.19. Buyers tried to push the price to $2.179, but it didn’t last long. By early morning, another high-volume drop dragged XRP to a lower low of $2.162. It’s now hovering near $2.164, with support seen around $2.147, a level where buyers have stepped in a few times.

Also Read : Ripple’s RLUSD Stablecoin Gains Boost After GENIUS Act Approval

Why XRP Price is Not Moving?

Broader market conditions aren’t helping. Global uncertainty, especially around U.S.-China trade issues and unclear signals from central banks, has rattled investors. Plus, the recent rejection of multiple ETF applications has added to the negative sentiment around risk assets like crypto.

Analyst BullnChill flagged the unusual combo of heavy volume and a price drop, which often signals an important shift in market sentiment. Experts believe the move may be driven by broader macro volatility, regulatory uncertainty, and overall pressure across the crypto market. Now, investors are watching closely to see if this is just noise, or the start of something bigger for XRP.

Even with Ripple working on its RLUSD stablecoin and expanding in places like Dubai and Singapore, those developments haven’t sparked much optimism, at least for now.

What Next For XRP Price?

Technical patterns point to more downside unless momentum shifts. A descending channel on the hourly chart hints that the current downtrend could continue. Until bulls manage to flip $2.20 into support again, XRP could face another slide, possibly testing the $2.10 zone next.

There’s a bit of calm now as selling volume starts to cool off. That could give XRP Price some breathing room, but the trend still leans bearish. For now, the key test remains reclaiming $2.20. Without that, XRP’s recovery may stay stuck in limbo.

Debashree Patra

Fun-loving and cheerful, a passionate blockchain and crypto writer who knows no boundary…connect if you share the same passion. With 10+ years of writing experience, I am a Crypto Journalist by chance, exploring, and learning all the dynamics of the sci-fi action-filled crypto world. Currently, focusing on cryptocurrency news and price data. With a passion for research and challenging my capabilities, I am slowly getting into the crypto arena to bring new insights every day.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Dogecoin News: Remittix Launches Massive 15% USDT Rewards After Raising Over $26.9 Million In Viral Presale

Remittix has become the top token since the start of this quarter, following the launch…

October 4, 2025

Ethereum Price Prediction: Where To Find The Next Crypto Likely To 100x

The crypto market arrived in October with positive traction, and investors are once more considering…

October 4, 2025

Will Uptober Momentum Drive the Next OKB Price Rally To $300?

The OKB price has exhibited one of the most remarkable rallies in 2025, primarily driven…

October 4, 2025

Sam Bankman-Fried Admits His “Biggest Mistake” in FTX Collapse

Sam Bankman-Fried, the former CEO of FTX, now serving a 25-year prison sentence, says the…

October 4, 2025

Ripple President Says Stablecoin Appears to be Driven by FOMO

Ripple President, Monica Long, recently shared her views on X (formerly Twitter) regarding stablecoins and…

October 4, 2025

VanEck Highlights Fusaka’s Impact on L2 Scaling, Blob Capacity, and ETH Value

Ethereum is gearing up for its next big upgrade, Fusaka, which promises lower costs and…

October 4, 2025