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XRP Price Declines Further – Is a Bigger Crash on the Horizon?

XRP Price Falls

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92%
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Verified12 votes
Updated 10 months ago

XRP has been struggling to hold its ground in recent sessions as the cryptocurrency market faces renewed selling pressure. After failing to break above the $3.00 resistance zone, XRP slid below key support levels and is now flashing signals that a deeper decline may be ahead.

The current price action reflects broader market weakness, with Bitcoin and Ethereum also retracing gains. Traders are closely watching whether XRP can stabilize above $2.70 or whether a bearish breakdown will trigger a sharper crash.

XRP Struggles to Hold Above $3.00

Over the past week, XRP attempted to reclaim the $3.00 level, but repeated rejections left the token vulnerable to selling pressure. The inability to sustain momentum above this psychological threshold has emboldened bears, pushing the token into a downward trajectory.

The price slipped under $2.95 and $2.92, entering what analysts describe as a “bearish zone.” The decline accelerated as XRP broke below $2.85, alongside a drop beneath its 100-hourly Simple Moving Average (SMA) — a sign that short-term momentum has shifted in favor of sellers.

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A sharp move took XRP down to $2.74, forming a local low at $2.738, before the token began consolidating losses. Currently, XRP trades below both $2.80 and its hourly SMA, indicating fragile technical support.

Bearish Trend Line Limits Recovery

Technical charts show a bearish trend line resistance at $2.80 on the XRP/USD pair (Kraken data). This resistance has capped multiple recovery attempts, keeping buyers from regaining control.

If XRP bulls manage to defend the $2.72 support area, a rebound attempt could occur. Initial upside resistance sits near $2.80, followed by a stronger barrier at $2.82. Clearing $2.82 may open the door toward $2.85 and possibly $2.90 — the 50% Fibonacci retracement level of the decline from the $3.04 swing high to the $2.738 low.

For now, however, these resistance levels remain challenging, and momentum suggests that sellers still dominate the market.

What Happens if Support Breaks?

If XRP fails to hold the $2.72 zone, traders fear a slide toward the next major support at $2.65. A decisive breakdown below $2.65 could invite further selling pressure, sending XRP to $2.60 and even $2.50 in the worst-case short-term scenario.

Market analysts note that $2.50 is a crucial level because a break beneath it could confirm a broader bearish shift, potentially accelerating XRP’s losses. If selling intensifies, the price could revisit support zones near $2.30–$2.40, areas last seen earlier in the summer.

Wider Market Context

The weakness in XRP is not happening in isolation. Bitcoin has failed to maintain momentum above $110,000, while Ethereum has also faced rejection around $3,400. Rising macroeconomic concerns, including U.S. tariff-related inflationary fears and renewed dollar strength, are weighing on crypto assets across the board.

For XRP specifically, uncertainty around the U.S. Securities and Exchange Commission’s (SEC) regulatory stance continues to hang over the market. While analysts remain optimistic about an eventual U.S. spot ETF approval for XRP following futures listings, traders may be adopting a cautious stance until concrete progress emerges.

At the same time, increased competition from PayFi alternatives such as Remittix (RTX) has captured investor attention, potentially diverting speculative capital away from XRP.

Traders Split on XRP’s Next Move

Some technical traders argue that XRP remains in a corrective phase and could rebound once selling pressure subsides. If XRP manages to close above $2.85 in the coming sessions, a retest of the $3.00 level is possible, with bullish targets extending toward $3.20.

On the other hand, short-term momentum indicators — including the Relative Strength Index (RSI) trending near oversold conditions — suggest caution. If buyers fail to step in soon, the bearish trend could strengthen, and XRP may struggle to find footing until it tests deeper support zones.

Outlook: A Decisive Week for XRP

This week could prove pivotal for XRP’s short-term trajectory. The $2.72 and $2.65 support levels are critical lines in the sand for bulls. Holding these levels may allow XRP to stage a modest recovery back toward $2.90–$3.00.

However, if sellers break below $2.65, a larger correction toward $2.50 or lower could unfold, raising the risk of a bigger crash before any meaningful recovery attempt.

For long-term holders, the current correction may represent noise within a broader accumulation trend, especially with ETF approval optimism building. But for short-term traders, XRP remains at a crossroads — a decisive breakout or breakdown is likely in the days ahead.

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Julie Binoche

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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