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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

XRP Tanks 10%, Analysts Say $10–$30 Still in Sight After ‘Healthy Pullback’

  • currency-symbol XRP $ 3.08 (-0.91%) top looser
Story Highlights
  • XRP drops 10% in a sharp market sell-off, with $89M in liquidations.

  • Analysts remain bullish, calling the dip a healthy pullback, with targets between $10 and $30.

  • XRP's corporate adoption grows, with Nature’s Miracle adding $20M in XRP to its treasury.

The crypto market is down today, with the global market cap slipping 6% to $3.92 trillion. Bitcoin is holding above the $118K mark with a modest 0.7% dip. However, altcoins faced steeper losses, with Ethereum down 6% and XRP plunging 10%. Solana, Dogecoin, and Cardano have also seen sharp declines, losing between 7-10% over the past 24 hours.

XRP Drops 10%, Sees $89 Million In Liquidations

Ether, XRP, and Bitcoin traders were hit hard in Tuesday’s crypto sell-off, with Ether seeing the biggest losses at $159 million in the last 24 hours, followed by XRP at $89 million, as liquidations surged across the market.

However, even with XRP’s 10% drop, experts believe that this is just a healthy pullback. Analyst XRPunkie points out that XRP has surged 92% in just 20 days, rising from $1.95 to $3.66. According to him, this kind of pullback is a normal and healthy part of crypto market movements. He believes it’s a short-term pause before prices head higher, and a target of $10 to $15 is still very much in play.

He also believes that $8 is the minimum for XRP, and we should be expecting much more, and a target of $20 to $30 is still on the cards.

Will XRP Break Above $3.84?

Experts believe that XRP could still break past its 2018 high of $3.84 if the broader altcoin rally continues. Bitcoin dominance is slipping, and capital is flowing into altcoins. XRP’s next move will depend on the overall market momentum.

CrediBULL Crypto notes that XRP has hit range highs after completing a triple tap setup. It’s now pulling back slightly, testing support, and could be finishing a small wave up from the $1.90 low.

CryptoBull pointed out that XRP is forming a classic Cup & Handle pattern, a bullish setup. If it plays out, the next move could push XRP above $7, based on the pattern’s projected target.

XRP Adoption Grows with Strategic Treasury Moves

Meanwhile, XRP’s corporate adoption keeps growing. Nature’s Miracle is adding $20M worth of XRP to its treasury, which shows growing confidence in XRP as a tool for balance sheet diversification. The move comes during a market dip, offering a strategic entry point.

At the same time, a Brazilian company called VERT launched a $130 million blockchain platform on the XRP Ledger. These moves show that XRP is gaining traction in corporate finance and global infrastructure.

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FAQs

Why XRP Is Down Today?

XRP dropped 10% due to market-wide sell-offs and $89 million in liquidations, following a strong 92% rally in the past 20 days.

Is the XRP price drop a long-term concern?

No, analysts say it’s a healthy correction after XRP surged nearly 92%. Long-term targets of $10–$15 are still in play.

What is the XRP price target for 2025?

Experts suggest XRP could hit $10–$15 soon, with some bullish predictions pointing to $20–$30 if momentum continues.

What’s driving XRP adoption in 2025?

Corporate moves like Nature’s Miracle buying $20M XRP and VERT launching a $130M platform on XRP Ledger show rising adoption.

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