XRP’s dramatic freefall shows no signs of stopping. The cryptocurrency has plunged to $1.67, its lowest point since November 2024, with a brutal 25% drop in just one month.
And yes, it gets worse – this mess started back in March 2025 when analysts predicted a drop to $1.60. Looks like they were right on the money.
Trump’s tariff theatrics haven’t helped matters. The ensuing trade war sent institutional investors running for the hills, ditching their alt-coin exposure faster than a hot potato.
Add to that Ripple’s relentless token releases, and you’ve got yourself a perfect storm of selling pressure. The numbers don’t lie – trading volume is down 18% in the past week, and network activity is about as exciting as watching paint dry.
Ripple’s aggressive token releases combined with plummeting volume paint a bleak picture for XRP’s already battered market position.
The whales aren’t exactly helping either. These crypto behemoths dumped over 370 million XRP in late February, and Ripple’s billion-token escrow release triggered a stomach-churning 24.6% price drop in a single day.
Talk about timing. When the big players start heading for the exits, it’s usually not a great sign.
Technical indicators are painting a pretty grim picture. The price has smashed through support levels at $1.85 and $1.75, and the charts look about as healthy as a junk food diet.
The 200-day moving average crossing below the 50-day moving average? That’s the kind of technical signal that makes traders break out in cold sweats.
The institutional front isn’t offering much comfort either. CME’s rejection of XRP futures in January speaks volumes about big money’s appetite for the token.
Meanwhile, regulatory clouds continue to hover despite Ripple’s partial legal victory in 2024. With a potential drop to $1.35 on the horizon and institutional investors giving XRP the cold shoulder in favor of Bitcoin and stablecoins, that $2.05 target is starting to look more like a pipe dream than a realistic goal.