2025-4-9 19:00 |
XRP recently tumbled to a new yearly low, and now all eyes are on whether the asset can reclaim higher ground—or slip even further.
With prices now hovering closely above the critical $1.75 support zone, the question dominating Ripple news today is clear: Will XRP exceed the coveted $3 level or continue its slide toward $1?
Ripple Price Suffers Steep CorrectionIn recent trading sessions, the XRP price broke below a key support line at $2, tumbling to a low of $1.64. According to CoinMarketCap data, the token now trades around $1.87 with a market capitalization of approximately $109 billion. Over the past week, XRP has shed roughly 14% of its value, reflecting a broader downturn in the crypto market, which saw over $140 billion wiped off total market capitalization.
Ripple (XRP) was trading at around $1.91 at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
The correction comes as part of a wider financial upheaval driven by global uncertainty. U.S. President Donald Trump’s recent tariff policies aimed at closing the trade deficit have sent shockwaves through equities and crypto alike. Dow and Nasdaq futures have turned sharply red, and cryptocurrencies—often categorized as risk assets—are seeing a flight of capital.
“XRP has failed to hold its crucial support trendline,” said analysts at The Crypto Times, noting the bearish momentum is compounded by a declining Relative Strength Index (RSI) and persistent sell signals from the Moving Average Convergence Divergence (MACD) indicator.
Ripple Whales Buy the DipDespite the turbulence, not all market participants are running for the exits. Large XRP holders, or “whales,” appear to be capitalizing on the decline. On-chain data from Santiment reveals a noticeable increase in holdings among wallets with balances between 100,000 and 100 million XRP. This accumulation behavior suggests confidence among big players in XRP’s long-term potential.
Market experts suggest that Ripple whales are viewing the recent XRP price decline as a prime opportunity to buy the dip. Source: ThePIPReaper on TradingView
Network fundamentals also offer a glimmer of hope. Active addresses have surged to 82,000 over the past month, indicating heightened interest and activity on the Ripple ledger. Increased network usage is often a bullish sign, hinting at underlying strength despite weak price action.
“More users interacting with the XRP blockchain could reflect broader adoption,” noted analysts from FXStreet. “It’s a signal that, fundamentally, Ripple XRP news isn’t all bearish.”
Price Levels to WatchAt this stage, XRP’s path forward is tightly linked to key technical levels. Analysts agree that holding above $1.75 is vital for any chance of a near-term rebound. If bulls manage to defend this threshold, XRP could make another attempt at the $2 resistance and potentially reach $2.25. A breakout beyond that point could even push the Ripple crypto price toward the psychological barrier of $3.
XRP price chart showing key support and resistance levels to watch. Source: Traderextraordinaire on TradingView
However, should bearish sentiment prevail and selling pressure intensify, a drop toward $1.50—and even $1—remains a real possibility. One analyst from Cryptonomist highlighted the risk of XRP testing multi-month lows, especially if macro headwinds persist: “The broader market environment continues to weigh on XRP, making a retest of the $1 mark a scenario investors must prepare for.”
Some chart watchers have even warned that a previously broken descending triangle pattern points to a possible decline toward $0.67, although this is seen as a worst-case outcome rather than a base-case scenario.
Broader Outlook Amid Ripple Lawsuit and SEC TensionsAdding another layer of uncertainty is the ongoing XRP lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). While recent court decisions have provided partial clarity—such as declaring XRP not a security in secondary market sales—the legal process is far from over.
Teucrium is launching XXRP, the first U.S. 2x leveraged XRP ETF, on April 8 following SEC approval. Source: Venkate OptionX via X
Ripple CEO Brad Garlinghouse has remained vocal in his criticism of the SEC, stating earlier this year that the agency’s approach has “stifled innovation” and damaged the U.S. crypto industry’s competitiveness. Any new developments in the Ripple lawsuit could significantly impact investor sentiment and, in turn, the Ripple currency price.
Still, Ripple has continued to build partnerships globally, including ongoing developments around the Ripple Bank of America collaboration and its growing presence in cross-border payments. The fundamentals of Ripple exchange adoption remain intact, and this could offer long-term support to the Ripple market even if short-term volatility persists.
Looking Ahead: A Crucial Week for XRPAs the crypto market wrestles with external pressures and technical indicators flash mixed signals, XRP stands at a pivotal juncture. The coin’s ability to reclaim $2—or plunge closer to $1—will likely depend on a blend of market sentiment, macroeconomic conditions, and internal network dynamics.
Short-term traders may continue to respond to sell signals and technical breakdowns, but long-term holders appear to be focusing on accumulation and future recovery. With whale accumulation and rising network activity suggesting underlying strength, some in the XRP community view the current dip as a strategic entry point rather than a cause for alarm.
Whether XRP reclaims $3 or slips to $1 first remains uncertain—but what’s clear is that the battle for momentum is far from over.
origin »Ripple (XRP) на Currencies.ru
|
