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  • Investment Firm CEO Drops Utility Bomb On XRP, Is Community Hype A Detriment?

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    Comments from Galaxy Digital’s leadership have looked into what ultimately sustains value in the crypto market. In a recent YouTube discussion centered on 2026 expectations for Bitcoin, crypto, and artificial intelligence, Galaxy Digital CEO Mike Novogratz and Head of Research Alex Thorn singled out XRP and Cardano, questioning whether even the strongest communities can survive if real usage fails to expand when users have a vast number of alternatives to choose from.

    Galaxy Digital Leadership Raises Questions About Community Versus Utility

    During the YouTube discussion, Mike Novogratz presented the utility debate through the lens of capital allocation. He explained that the real question is what an investor chooses when presented with many viable options. If capital can flow into something like SpaceX, then crypto assets must compete on similar grounds.

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    He acknowledged that XRP and Cardano both have deeply committed communities, but questioned whether that loyalty can be sustained if users do not see any real utility with those ecosystems. “Can Ripple hold it together? Can Cardano hold it together?” Novogratz said.

    In drawing comparisons, Novogratz referenced Charles Hoskinson, noting his success in maintaining Cardano’s community over time despite it being a “blockchain that people don’t really use a lot.” He made similar observations about XRP’s following, which has a strong community. However, he posed a direct question about sustainability: “Can you keep it together when there are more and more options?”

    Recent crypto market dynamics have caused capital flows to become more selective. Developers and teams behind blockchain ecosystems all know this, and this is why there has been a race to demonstrate usage, revenue models, or clear value flows tied directly to their tokens. According to Novogratz, that doesn’t happen overnight. It’s probably a year-long process, not a one to three-month process.

    Cardano And XRP Proving Real-World Relevance

    The questions raised during the Galaxy Digital discussion arrive at a time when both Cardano and XRP are actively trying to strengthen their utility narratives. Recent events have seen Cardano attempting to reinforce its practical relevance through initiatives like the Midnight sidechain. Midnight is a privacy-focused Cardano sidechain network designed to support confidential smart contracts and selective data disclosure. 

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    Midnight is intended as a way to attract enterprise and institutional use cases that require compliance-friendly privacy, an area where public blockchains have traditionally struggled.

    XRP, on the other hand, is taking a different path through Ripple’s hard work to increase the utility of the XRP Ledger. Ripple has been expanding utility around Ripple USD (RLUSD), its US dollar-backed stablecoin, including broader deployment across multiple Layer-2 networks. 

    Ripple has also been on a partnership spree this year in moves to strengthen the utility of the XRP ecosystem, with about $4 billion spent on major acquisitions in 2025. The company also recently partnered with Doppler Finance to explore collaboration in XRP-based yield infrastructure and real-world asset (RWA) tokenization on the XRP Ledger, which is another added utility.

    XRP trading at $1.87 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Pxfuel, chart from Tradingview.com

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    Scott Matherson

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  • Analyst Says XRP Price On The Verge Of Bearish Breakdown

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    The XRP price has been bearish all through December, with key support zones failing to hold through the growing sell pressure. While the altcoin hovers around the $1.80 price level, recent on-chain evaluation shows that the XRP price could be in a precarious situation.

    Bearish Divergence Materializes Between RSI And XRP Price 

    In a Quicktake post on the CryptoQuant platform, market analyst CryptoOnchain highlighted that there is a convergence of both technical and on-chain events, which reveal an imminent bearish phase for the XRP price.

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    The analyst first pointed out that the XRP price is painting an unsettling picture on its weekly chart, basing this hypothesis on the technical context. While the XRP price hovers near recent highs, indicating intentions to recover previous levels, its momentum tells a contrasting story.

    CryptoOnchain explained that a bearish divergence has formed between the Relative Strength Index (RSI) and the XRP price. So, as the XRP price appears to target recent highs, the RSI has taken on a clear downturn, creating lower highs progressively. 

    Usually, this type of divergence indicates weakening buying strength and dwindling momentum. Interestingly, historical data reveal that this pattern has often preceded significant price corrections. 

    Source: CryptoQuant

    At the same time, the XRP price happens to be retesting the psychological and technical key level at $1.80. The market quant explained that in the event that $1.80 fails to hold, the altcoin could quickly see the beginning of an unbridled dump.

    Looking at the broader technical context, it becomes apparent that any significant upside attempt depends on improving momentum. 

    Open Interest On Binance Cascades To New Low

    CryptoOnchain also cites a shocking development underneath the surface. The relevant indicator here is the Open Interest, which tracks the total value of all outstanding XRP derivatives contracts (on Binance) that have yet to be closed, settled, or liquidated at a given time. 

    XRP Price
    Source: CryptoQuant

    XRP’s open interest recently fell to as low as $450 million, a point marking the lowest level since November 2024. A sharp decrease in Open Interest typically points out that there’s been a significant efflux of leveraged capital from the futures market. 

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    This kind of unchecked contraction suggests that XRP traders are either forcefully exiting the market or abandoning their positions out of fear. Moreover, the decline in Open Interest alongside weakening price momentum paints a narrative on investor interest; it shows that market participants are stepping back due to a lack of conviction, rather than positioning for upward continuation. 

    With these signals converging to expose a strong bearish scenario for XRP, market participants are advised to act with caution, as the $1.80 key level’s defeat could mean serious trouble for the token’s price. As of this writing, XRP is valued at approximately $1.87, with a 1.5% price jump in the past 24 hours.

    XRP Price
    The price of XRP on the daily timeframe | Source: XRPUSDT chart on TradingView

    Featured image from iStock, chart from TradingView

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    Opeyemi Sule

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  • XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%?

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    XRP’s open interest has reportedly crashed to lows not seen since last year, when the altcoin surged by around 600%. On-chain analytics platform CryptoQuant noted that this development could be bullish for XRP as it looks to rebound to new highs. 

    XRP’s Open Interest Drops To Lowest Level Since 2024

    In a blog post, CryptoQuant analyst Arab Chain revealed that XRP’s open interest on Binance has fallen to its lowest level since 2024. The analyst noted that analysis of XRP Ledger data on the crypto exchange shows a clear rebalancing in the derivatives market, with open interest falling to almost $453 million, the lowest level since the end of last year. 

    Related Reading: Why You Should Pay Attention To XRP’s Exchange Netflows This Month

    Arab Chain noted that this development reflects a fundamental shift in trader behavior and confirms a significant decrease in leverage usage compared to previous periods. Notably, the XRP price looks to have been fueled by leverage in the early parts of this year. The analyst noted that open interest in XRP futures contracts exceeded $1 billion on several occasions, which coincided with strong price surges. 

    The XRP open interest also rose again in mid-2025 to levels similar to those recorded in the early months of the year, sparking significant volatility for XRP. However, Arab Chain noted that the current landscape is “markedly different.” Open interest has declined gradually and then sharply, indicating a significant exit by short-term speculators. 

    Source: Chart from CryptoQuant

    Meanwhile, the analyst explained that the decrease in XRP open interest carries dual implications. The first is that the decline in risk appetite and weakening momentum in the derivatives market explain the volatile price behavior in the absence of strong, liquidity-driven breakouts. 

    The second is that the contraction represents a healthy structural development, as it reduces the risk of forced liquidations and mitigates the abnormal pressures associated with excessive leverage. Arab Chain noted that periods of low open interest often represent transitional phases, during which the market shifts froma highly speculative environment to a calmer one that relies heavily on genuine spot demand. 

    XRP May Be Preparing For Another Significant Rally

    Crypto analysts have suggested that XRP may be preparing for another significant rally, although it remains to be seen if it could rally 600% like last year. In an X post, crypto analyst Niels stated that the altcoin is forming a higher low around this level. He noted that this is a similar structure that happened in April this year, before a new all-time high (ATH). The analyst added that a push above $2 could put the bulls in control. 

    Related Reading: XRP Stochastic RSI Just Touched 0.0 For The Second Time In History

    Crypto analyst Chart Nerd predicted that XRP could reach a new ATH on its next leg to the upside. This came as he noted that the altcoin was in the middle of an ABC reset. His accompanying chart showed that XRP could reach as high as $4.5 on this impulsive move to the upside, which is expected to happen in the first half of next year. 

    At the time of writing, the XRP price is trading at around $1.84, down in the last 24 hours, according to data from CoinMarketCap.

    XRP
    XRP trading at $1.85 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

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    Scott Matherson

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  • Why Has The Solana Price Been In A Steady Downtrend Since January?

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    Solana’s price action this year has followed a clear but uncomfortable pattern. After pushing to a new all-time high around the $296 region in January, the rally quickly lost momentum and transitioned into a steady decline that has persisted for months. 

    Many traders have attributed this weakness to a risk-off sentiment across crypto, but a deeper on-chain breakdown shared by crypto analyst Ardi on X suggests the story began well before the January peak and has more to do with who was buying and who was quietly exiting.

    Distribution Was Already Underway Before The January Peak

    Solana has been on a clear downtrend since September, when it reached a lower high of around $247 compared to its January 19 all-time high of $293. One of the most important insights from Ardi’s analysis is that Solana’s January all-time high did not mark the start of distribution but rather the culmination of it. 

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    The chart attached to his post shows that selling volume was already increasing months earlier, well ahead of October, meaning that large holders were positioning for exits long before price reached its final peak. From that perspective, the January high looks less like the beginning of a new expansion phase and more like the last push of a rally. 

    Source: Chart from Ardi on X

    After that point, price action began forming lower highs, and each rebound attempt lacked the strength needed to reclaim the all-time high. Interestingly, Solana failed to reach a new all-time high, even as other large market cap cryptos like Bitcoin, Ethereum, XRP, and BNB pushed to new all-time highs during the year.

    Another interesting feature of the data is the widening gap between retail behavior and that of larger players. Cumulative delta metrics on the chart show that retail-sized wallets have been consistently active throughout the year and are increasing their activity even as Solana’s price moved lower.

    On the other hand, mid-sized and institutional wallets tell a very different story. Their activity has been trending downward for months, starting from the January peak and extending up until the time of writing.

    Is Solana’s Price Becoming Dependent On Memecoin Activity?

    Ardi’s analysis also raises a broader question about what is currently driving demand for Solana. Outside of retail activity on Solana itself, one of the few consistent sources of activity has been the memecoin sector. Successes and booms of meme coins like Cat in a Dogs World (MEW), Peanut the Squirrel (PNUT), and Fartcoin (FARTCOIN), which gained traction in the second half of 2024, contributed to Solana’s push to all-time highs during those periods.

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    Those meme coin successes culminated with the launch of the Official Trump ($TRUMP) token in January 2025 on Solana, which experienced eye-watering gains shortly after its launch. This, in turn, contributed to Solana’s all-time high in January. 

    However, since then, the TRUMP token and other Solana-based meme coins have been trending downwards in recent months and no longer command the same level of attention or trading intensity they had this time last year. That has led to the view that Solana’s price is increasingly sensitive to the success of memecoins in its ecosystem. 

    At the time of writing, Solana is trading at $121.50, down by about 58.6% from its January all-time high of $293.

    Solana
    SOL trading at $121 on the 1D chart | Source: SOLUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

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    Scott Matherson

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  • Banks Could Favor A Higher XRP Price, Finance Expert Says

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    XRP has continued to trade lower as crypto prices weaken across the board, with the total market shedding more than $1.3 trillion since October.

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    During the past three months, XRP has dropped more than 30%, keeping pressure on sentiment even as some commentators argue the token’s purpose goes far beyond short-term price moves.

    Retail Vs. Institutional Viewpoint

    According to health and finance commentator Dr. Camila Stevenson, much of the debate around XRP misses how large financial players judge settlement tools.

    Everyday traders tend to focus on charts and quick exits. Banks do not. They look at whether a system can handle stress, move large sums, and keep working when conditions worsen.
    Stevenson compared it to infrastructure testing, where strength and capacity matter more than the initial cost.

    XRP Was Built For Flows

    Based on reports from her recent video discussion, XRP was structured to act as a bridge for moving value, not as a speculative chip. With a fixed supply, the token cannot expand in quantity to meet higher transaction demand.

    Stevenson said that leaves price as the only way to support larger volumes. Analyst XFinanceBull echoed this view, encouraging market watchers to think in terms of flows rather than daily price action.

    Price Alone Does Not Prove Use

    Even so, market behavior still plays a major role. XRP trades in open markets, and speculation continues to influence price direction.

    A higher price may improve efficiency, but it does not guarantee adoption. Stevenson pointed out that many institutions position through custodians, OTC desks, and private agreements.

    These transactions often happen quietly and may not show up as sharp moves on public charts. Sudden spikes during positioning, she warned, would suggest instability rather than healthy use.

    XRPUSD now trading at $1.92. Chart: TradingView

    Why Higher Price Helps

    Stevenson argued that banks moving billions would rather use fewer units that each represent more value. Fewer tokens can mean simpler settlement and less risk of slippage during busy periods.

    Large financial systems tend to fail when money cannot move or when settlement slows, not when prices fall. In that context, a higher XRP price could support smoother transfers if volumes rise enough to test the system.

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    Market Reality Remains Mixed

    Despite the theory, clear proof of large-scale institutional demand remains limited. Regulation, liquidity depth, and reliable access still shape whether banks commit real volume.

    XRP’s 33% slide over recent months shows how quickly sentiment can shift, even as long-term use cases are debated. The idea that banks prefer a higher XRP price rests on future scale, not current trading patterns.

    Featured image from Unsplash, chart from TradingView

     

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    Christian Encila

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  • XRP Ledger Upgrade Locks Out Almost Half Of Outdated Nodes

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    XRP Ledger operators are staring down a familiar kind of “deadline drama” on Thursday, after one community tracker warned that a large chunk of XRPL servers are about to get amendment blocked, basically pushed to the sidelines until they upgrade.

    “In about ~10 hours 418 (!!) out of 999 XRPL servers will go DOWN as they become amendment blocked!” wrote X user Krippenreiter, adding that amendment-blocked rippled servers can’t “determine the validity of a ledger,” “submit transactions,” “process transactions,” or “participate in the consensus process.”

    XRP validator and node upgrade status | Source: X @krippenreiter

    Will This Impact The XRP Ledger?

    That sounds catastrophic if you’ve never watched XRPL governance do its thing. But the important nuance is right there in the name: amendment blocking is a safety feature, not a network failure mode. When new protocol rules activate, old software can’t reliably interpret ledgers anymore, so the network forces those servers into a non-participating state rather than letting them guess.

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    So does “almost half the servers” going amendment-blocked matter if activity spikes? “Not at all,” Krippenreiter replied to one user. “All dUNL validators are safe, so all ‘trusted’ validators will continue to validate as expected. (and behave under load)… For everything else there is ‘FeeEscalation’.” The point he’s making: consensus comes from a trusted validator set, and fee escalation is designed to push transaction costs higher as the ledger gets busy, throttling spam and overload attempts.

    Other XRPL watchers mostly treated it as routine maintenance, not an existential moment. “Is this unusual or dangerous? No. This happens almost every amendment cycle,” another user wrote, listing prior change windows and noting that lagging nodes typically upgrade later. The XRPL amendment process itself is built around a long lead time: an amendment needs sustained supermajority support from trusted validators for two weeks before it flips on.

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    Still, the optics aren’t nothing. Having hundreds of public servers fall behind at once can be a real-world nuisance for wallets, explorers, and businesses that lean on third-party infrastructure. Even if consensus is fine, fewer up-to-date nodes can mean less redundancy at the edges — more brittle public endpoints, more support tickets, more “why is my transaction not going through?” posts.

    And there is a concrete upgrade path. XRPL.org’s release notes for rippled 2.6.2 describe a new fixDirectoryLimit amendment plus a critical bug fix — the kind of stuff you don’t want to procrastinate on if you run production infrastructure.

    The short version: no, XRPL isn’t “going down.” But if you’re still running old rippled in late 2025, the network is about to remind you that upgrades aren’t optional.

    At press time, XRP traded alongside the broader market wide sentiment, down -1.5% over the past 24 hours.

    XRP price chart
    XRP remains below key support zone, 1-week chart | Source: XRPUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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  • XRP Falls Below $2 As $721 Million Profit-Take Hits Market

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    One of the cleaner tells in crypto is when the old supply decides it’s time. Not “made a quick 20% and clipped it” time — years old.

    That’s basically what Glassnode researcher CryptoVizArt flagged after an XRP wallet aged roughly 5–7 years (with a cost basis around $0.40) realized more than $721.5 million in profit on Dec. 11.

    A single wallet doesn’t “break” a market on its own. But the timing is the point: this wasn’t profit-taking into a rip. It landed while XRP was showing weakness right at the $2.0 key level.

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    CryptoVizArt wrote via X: “On December 11th, a 5-7 year old XRP wallet address (with a cost basis of $0.4) realized over $721.5M in profit! A rare sizable profit-taking while the price shows weakness right at the $2.0 key level.”

    XRP Realized Profit by Age | Source: X @CryptoVizArt

    What This Means For XRP Price

    That $2 handle matters for the usual reasons — round number, obvious chart magnet, psychological line in the sand — but also because the market’s been treating it like a live wire lately. Since early December last year, the support zone between $2 and $1.90 has been tested endless times. XRP bulls always managed to close above the zone on the weekly timeframe.

    So what does the $721M print mean? It’s a reminder that supply overhang isn’t theoretical. A 5–7 year wallet taking profits can be read as “de-risking,” sure. But in tape terms, it’s also distribution that the market has to absorb while price is already leaning. If bids are deep, it’s a shrug. If bids are thin, it turns $2 into a trapdoor.
    And right now, “thin” is kind of the vibe across crypto, not just XRP.

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    CryptoVizArt’s broader framing from Dec. 13 is that the $80K–$90K Bitcoin consolidation is producing stress “comparable to late Jan 2022.” Via X, he wrote: “The current $80K–$90K consolidation range is generating a magnitude of stress comparable to late January 2022, with Relative Unrealized Loss approaching ~10% of market cap. This places the market in a regime where liquidity is constrained, and sensitivity to macro shocks is elevated, yet still below the levels typically associated with full bear-market capitulation.”

    That backdrop matters because alts don’t trade in a vacuum. When the whole complex is jumpy, big sell events at key levels have more punch. Not because every XRP holder suddenly panics, but because market-makers and discretionary traders tend to pull risk at the same time. Spreads widen, depth thins, and “one-off” flows start to move price more than they should.

    Still, it cuts both ways. A single, chunky realization can also be the market clearing a problem — old supply exiting, new demand stepping in, the kind of transfer that (eventually) makes a base sturdier. The trick is whether $2 holds while that handoff happens.

    At press time, XRP was trading at $1.89, which could make Sunday’s weekly close another extremely important event.

    XRP price
    XRP falls below key support zone, 1-week chart | Source: XRPUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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  • Reasons Why XRP’s Technical Structure Favors Upside Than Down Over Next 6 Months

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    XRP’s recent pullback to $2 has not changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis proposes that the market structure continues to favor an upside continuation rather than the trend ending. 

    This outlook places the next three to six months in a constructive zone for XRP’s price action, where the probability of further upside is higher than the risk of a downward move.

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    XRP Currently In Consolidation, Not Distribution

    The assessment of Egrag’s technical analysis is based on XRP’s price action currently ticking a list of boxes that points to the next move being up. The first of these boxes is what the analyst referred to as a regime shift, which occurred after the XRP price made a decisive breakout from a multi-year base around $0.5 last year.

    This decisive breakout shifted the market from accumulation to expansion. Pullbacks in this phase are usually corrective, not trend-ending. In that context, the current price action can be viewed as part of a natural pause rather than a signal that the larger bullish move has failed.

    Another central argument in the analysis is that the current price behavior represents consolidation rather than distribution. Egrag Crypto describes the market as being in a compression phase following an impulse, and this is a pause, not a top. Although XRP has spent about 13 months ranging within this structure, the analyst interpreted this as extended consolidation instead of a distribution process.

    Chart Image From X. Source: @egragcrypto On X

    EMA Structure Keeps Bullish Bias Intact

    Another reason as to why the trend is more likely bullish is because XRP is still trading in alignment with its long-term exponential moving average, which remains above the 21 EMA. That relationship preserves the bullish bias, even though price currently sits below the faster 9 EMA, but this only reflects short-term weakness rather than a structural breakdown.

    XRPUSD currently trading at $2.013. Chart: TradingView

    Beyond pure chart structure, fundamental developments have added weight to the case for longer-term appreciation. XRP is currently holding $2 as an important support zone, and recent developments have emerged that could increase bullish sentiment.

    An example is Ripple’s conditional approval alongside other crypto firms for a national trust bank charter from the US Office of the Comptroller of the Currency.

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    Although the outlook is much more bullish, there is always the possibility of turning bearish within the next six months. According to Egrag, this outlook can only turn bearish if XRP records a sustained monthly close below the $1.80 to $1.60 region. 

    Taken together, the analysis concludes that XRP is more likely to resolve higher than lower over the next three to six months, even if there is price volatility along the way.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Why This Market Analyst Is Warning Crypto Investors To Stop Buying XRP

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    The XRP price could be on the verge of a massive crash, as a crypto analyst has identified a key technical pattern in the cryptocurrency’s structure that signals a potentially severe downturn. According to the analyst, this formation has appeared only twice in XRP’s history, and each time has preceded a devastating loss. If the pattern were to repeat, the cryptocurrency could be headed for more pain. The analyst warns traders and investors to stop buying XRP at this time, citing heightened risk. 

    Analyst Advices Against Buying XRP As Price Crash Looms

    An urgent warning from market analyst Steph is Crypto has spread across the community, as he advises traders and investors to “not touch XRP anymore.” The analyst shared a video of his XRP price forecast on a recent X post, revealing that the altcoin’s long-term indicators point to a troubling setup that could mirror downturns observed during past market cycles. 

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    Steph Is Crypto shared that his study of the monthly Moving Average Convergence Divergence (MACD) for XRP has revealed a new bearish crossover taking shape, signaling declining momentum. The analyst stated that XRP had formed a bearish crossover on the chart only twice since its inception in 2012. Both times this pattern appeared, the cryptocurrency underwent one of the most dramatic price crashes ever, losing over half its value right after. 

    He explained that during the first bearish crossover in 2019, XRP crashed by more than 84%. Similarly, a second crossover reemerged in 2022, triggering a deep price decline of about 67%. It’s worth highlighting that each time XRP formed this bearish signal, it was after a major bull market. 

    In 2018, the cryptocurrency staged a historic rally that sent its price to its current all-time high above $3.84. Likewise, the steep correction in 2022 came on the heels of an explosive 2021 bull market, one of the most powerful in crypto’s history.  

    Just as in the past, Steph Is Crypto sees a bearish crossover forming once again in the current cycle, suggesting that the conditions are aligning for another devastating price crash. He admitted that he wishes he had not spotted this formation on XRP’s chart, underscoring his usually bullish stance on the cryptocurrency. The analyst has cautioned traders to take this historical setup seriously and to consider the possibility that XRP could revisit significantly lower price ranges if the pattern plays out. 

    XRP Price Momentum Remains Weak

    XRP remains in a downward trend, with its price barely holding above $2.00. The cryptocurrency has dropped by over 15% so far this month, declined about 2.2% over the past week, and has crashed approximately 16% year to date, according to CoinMarketCap. 

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    XRP’s price momentum is weak, with little indication of a near-term recovery. The cryptocurrency’s Fear and Greed Index has slipped to 42, edging closer to the “fear” zone. This market uncertainty is being driven by the cryptocurrency’s sluggish price action, despite having passed $3.00 earlier this year and nearly challenging its all-time high. 

    Price moves lower with market decline | Source: XRPUSDT on Tradingview.com

    Featured image created with Dall.E, chart from Tradingview.com

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    Sandra White

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  • XRP Forecast Turns Explosive As Canadian Experts Highlight Massive FinTech Utility

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    When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

    Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

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  • XRP Flashes ‘Classic Accumulation Sign’ — Major Breakout Soon?

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    According to the latest on-chain evaluation, the recently-launched spot exchange-traded funds (ETFs) in the United States have added a new dimension to the XRP price dynamics.

    Institutional Divergence From On-Chain Activity A Classic Accumulation Sign

    On Friday, November 28, Cryptonchain, in a Quicktake post on the CryptoQuant platform, shared insights into XRP’s recent price action. The market analyst revealed that a notable on-chain dynamic is in play. 

    Related Reading

    The relevant indicator here is the XRP Active Addresses metric, which tracks the number of wallet addresses actively interacting with the XRP Ledger within a specific time period. This indicator provides insights about retail engagement, network health, and demand pressure.

    Source: CryptoQuant

    The analyst reported that the XRPL Active Addresses metric has seen a decline to around the 19,400 mark, its lowest level this year. What’s intriguing about this change is that an asset’s price action is typically expected to be in line with its network activity; this case, however, proves to be atypical. 

    According to CryptoOnchain, while the XRP Ledger collapsed to its lowest levels seen this year, a strong defense of the $2.20 price support appears to be going on. This divergent behavior, noted the analyst, classically signals that institutions are silently accumulating tokens away from the XRP network. 

    When retail activity sponsors price rallies, there are expectedly spikes in network activity due to Fear Of Missing Out (FOMO) among traders. However, institutions operate differently, as off-chain accumulations take place via OTC desks and custodial services (for example, Coinbase Prime and BitGo).

    What It Means For Price

    The online pundit explained that the decline in the number of active addresses to levels around 15,000 to 19,000 points to a relative absence of retail investors, an investor class with an aggressive reputation.  

    As price thus maintains stability through this retail scarcity, it is apparent that there is a growing supply shock due to ETF inflows and increasing institutional positioning.

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    With these conditions in place, CryptoOnchain posited that it is rational to expect a major pump in the XRP price, but under the additional condition that retail liquidity returns in a fairly considerable amount.

    As of this writing, the XRP token is valued at $2.18, reflecting an over 2% in the past 24 hours. However, according to data from CoinGecko, the altcoin is up by more than 14% in the last seven days. 

    XRP
    The price of XRP on the daily timeframe | Source: XRPUSDT chart on TradingView

    Featured image from iStock, chart from TradingView

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    Opeyemi Sule

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  • Why XRP Will Not Reach $100 By End Of Year Despite ETF Launch

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    Interest in XRP has increased massively after the launch of Spot XRP ETFs, leading some supporters to float a $100 per token rally before the end of the year. That scenario, however, appears highly unrealistic when basic market fundamentals are considered. 

    In a recent post on X, Zach Humphries dismissed triple-digit predictions, calling them “delusional” and warning that they mislead people who don’t grasp the math behind market valuation.

    The Market Cap Reality Check

    Any attempt to peg XRP at $100 must first contend with its circulating supply and the resulting total valuation that such a price implies. According to Humphries, pushing XRP to $100 would demand a market capitalization of about $6 trillion for the cryptocurrency. That figure amounts to a more than 40-fold increase over current market cap levels, a leap so vast it would require inflows that dwarf anything seen in the crypto industry to date.

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    The entire crypto market itself has a total capitalization of about $3 trillion. Pushing a single altcoin like XRP to $6 trillion in value would mean the coin alone becomes more than twice as large as the entire crypto market combined. 

    XRP reaching $100 is a 4,445% increase from its current price level. Keeping this in mind, it is really unrealistic for XRP to reach $100 even in the next year alone. Therefore, those making claims that the asset can touch $100 before 2025 ends, with only one month left on the calendar, disregard how capital moves, how long accumulation cycles take, and how much work is involved in building market caps of this size. 

    The recent emergence of XRP ETFs does offer improved access for institutional and retail investors. However, the expansion needed for XRP to reach $100 is so large that no ETF launch or last-minute rally could generate the necessary inflows or supply shock within the next 35 days.

    Long-Term Potential Still Exists

    Although the $100 target within the next few weeks appears unattainable, that does not necessarily diminish the long-term appeal of XRP. Enthusiasts who see effects from adoption, regulatory developments, and institutional inflows may still believe in significant upside over a multi-year timeframe. Zach Humpries, for one, noted that he is still very bullish on Ripple/XRP long-term.

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    The purpose of Humphries’ warning message was to restore perspective, not dampen long-term bullish sentiment. The important message is for XRP enthusiasts to shift their focus away from unrealistic valuations this year and instead consider targets that align with actual market cap growth. 

    In a follow-up reply to comments on his post, he mentioned a far more grounded scenario of XRP reaching the $5 region by Christmas. However, this is also very bullish and is dependent on optimism returning to the wider crypto market.

    XRP trading at $2.23 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Adobe Stock, chart from Tradingview.com

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    Scott Matherson

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  • Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million

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    A crypto analyst has issued a decisive projection that challenges the long timelines often associated with major price milestones for Bitcoin. His outlook was presented in response to the ultra-bullish forecasts from Michael Saylor and Jack Mallers, who have spoken openly about the possibility of Bitcoin reaching between $1 million and $20 million per coin. 

    Rather than focusing on Bitcoin’s distant targets, the analyst directed attention to XRP, insisting that XRP will reach $100 long before Bitcoin touches the seven-figure mark.

    Analyst Says XRP Will Reach $100 Before Bitcoin’s Million-Dollar Target

    There have been many bullish predictions of Bitcoin breaking above the $1 million mark in recent months, with notable names like Michael Saylor and Cathie Wood pointing to million-dollar targets. 

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    However, an analyst who goes by the name 24HRSCRYPTO on the social media platform X referenced Saylor and Mallers’ price prediction, which places future Bitcoin valuations in the tens of millions per coin and implies a market cap approaching $500 trillion. He contrasted those long-range projections with what he believes is a more attainable and nearer-term milestone for XRP. 

    Punching in the numbers shows that XRP is a 4,445% move away from $100 based on its current price level of around $2.2. Bitcoin, on the other hand, is 990% away from the $1 million price.

    Even with that difference, the analyst noted, “You will see XRP at $100 before Bitcoin hits $1 million.” The statement points to the view that XRP is positioned for faster price growth in the foreseeable future, as seen by price dynamics in the past few months. The crypto is increasingly being positioned in a situation where demand and adoption of the Ripple ecosystem could take it to new heights.

    On the other hand, Bitcoin’s price action is slowing down relative to XRP. Notably, technical analysis of the XRP/BTC pair places XRP on the path to outperforming Bitcoin in the coming weeks and months. 

    The Altcoin Will Hit $1,000 Before Bitcoin Touches $19 Million

    The analyst extended his projection even further by asserting that XRP could rally to $1,000 before Bitcoin comes close to the $19 million figure referenced by Saylor. Such a valuation for Bitcoin would imply a market capitalization of roughly $500 trillion, a scale far beyond anything seen in global financial history. 

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    Measured from today’s levels, Bitcoin would need to climb roughly 20,635% to reach the $19 million mark. XRP’s path to $1,000 amounts to an even larger jump of about 45,300%, which corresponds to a market cap of $60 trillion based on its current circulating supply. Still, XRP reaching $1,000 is, in his view, more feasible than Bitcoin reaching millions per coin.

    XRP trading at $2.19 on the 1D chart | Source: XRPUSDT on Tradingview.com

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    Scott Matherson

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  • XRP ETFs Outshine BTC, ETH, And SOL Funds With $164M Single-Day Inflows

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    Spot XRP Exchange-Traded Funds (ETFs) started the week surpassing most crypto-based investment products after the record debut performance of Grayscale and Franklin Templeton’s funds.

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    GXRP, XRPZ See Record Debut

    This week, the second batch of spot XRP ETFs went live, debuting with a record-breaking performance. Notably, Grayscale and Franklin Templeton launched their XRP-based investment products, recording over $60 million in net inflows each during their first day.

    On Monday, Franklin Templeton debuted the new XRPZ ETF on NYSE Arca, highlighting that “its established utility in facilitating cross-currency settlement has made XRP a central component of the growing digital payments ecosystem.”

    Moreover, Grayscale followed the same path as with its other existing crypto-based private trusts, converting its XRP fund into the publicly traded GXRP ETF. In a significant achievement, both funds broke Canary Capital’s XRPC record as the biggest ETF debut of 2025.

    As reported by NewsBTC, Canary Capital launched the first single-token XRP spot ETF on November 13, smashing the initial expectations of multiple experts. After clearing the last regulatory hurdles, XRPC debuted on Nasdaq with a total volume of $58 million.

    Ahead of its launch, senior ETF analysts predicted that the fund could surpass Bitwise’s BSOL, which previously held this achievement. After the first 30 minutes, XRPC surprised market observers with $26 million in volume, suggesting strong initial demand.

    Meanwhile, BSOL recorded an impressive volume of $10 million in the first 30 minutes of trading, surging to $33 million by the half-day mark. The investment product closed its debut with $57 million in volume, beating all 900 other launches of the year.

    According to SoSoValue data, Franklin’s XRPZ and Grayscale’s GXRP saw an impressive $62.6 million and $67.4 million on their launch day, surpassing Canary’s XRPC record and becoming the best debuts of any ETFs in 2025 so far.

    XRP ETFs Steal The Spotlight

    Besides the remarkable launch of Grayscale and Franklin Templeton’s investment funds, the XRP ETF category’s performance surpassed that of other leading ETFs on Monday, including those based on the largest cryptocurrencies by market capitalization, Bitcoin (BTC), Ether (ETH), and Solana (SOL).

    Canary Capital’s XRPC and Bitwise’s XRP ETF brought in $16.4 million and $16.4 million, respectively, amounting to a total of $164 million in net inflows for the whole category on November 24.

    This performance was followed by ETH ETFs, which recorded $96.6 million in inflows, led by BlackRock’s ETHA. Solana-based funds came third with $58 million in positive net flows, extending their 20-day streak with a total of $568 million in inflows, according to Farside Invest data.

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    Notably, spot XRP ETFs have seen cumulative net inflows of $586.8 million, registering an eight-day positive streak and surpassing the total inflows of SOL ETFs.

    On the contrary, Bitcoin ETFs registered the worst performance among the leading cryptocurrency funds. The investment products continued their choppy November performance, starting the week with $151 million in outflows, led by BlackRock’s IBIT.

     As of this writing, XRP is trading at $2.18, a 1.6% decline in the daily timeframe.

    XRP performance on the one-week chart. Source: XRPUSDT on TradingView

    Featured Image from Unsplash.com, Chart from TradingView.com

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    Rubmar Garcia

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  • Fear Surges, But Real XRP Holders Aren’t Shaken—Analyst

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    According to Versan Aljarrah, founder of Black Swan Capitalist, fear has crept back into the XRP market as the token trades under pressure. Prices slipped below the $2 mark and recently hit about $1.83 before a small rebound. Volatility has been sharp, and many traders are being pushed into quick exits.

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    Volatility Tests Investors

    Based on reports, XRP’s slide accelerated after a broad market crash in early October tied to tariff tensions between the US and China.

    That turmoil forced billions of dollars of liquidations across exchanges. Different platforms briefly showed very different lows — Kraken recorded $1.40 while Binance charts on TradingView showed a flash low at $0.76.

    Those swings left behind gaps in liquidity, including a zone around $1.98 to $1.99 that traders are watching closely.

    Price action has been messy but not one-directional. XRP was trading around $2.22, up about 1.8% in the last 24 hours, and in another snapshot it was reported changing hands close to $2.24 amid a rebound. Over the most recent 72 hours, the token posted a rally of more than 18%, showing how fast sentiment can flip.

    According to Aljarrah, fear has returned, and “it always hits those who don’t understand what it means to hold XRP.” The analyst pointed out that a good number of people will fall before they could even make it and “survive the engineered volatility ahead.” The system, he said, “shakes out the weak” long before actual market valuation takes its course.

    History And Psychology At Work

    Analysts and market observers point to XRP’s stop-and-go history as part of the problem. In 2017, the coin lingered for months before surging roughly 70,000% and then dropping by as much as 95% at certain stretches.

    XRPUSD now trading at $2.21. Chart: TradingView

    In 2024, it traded quietly for much of the year before jumping over 600% near year end. That pattern makes holding the token psychologically hard for many. People sell too soon, often right before big moves.

    Support levels are being watched closely. Reports list key buffers at $1.95, $1.75, and $1.60. On the upside, some analysts are projecting a rebound to $4 by 2026, with longer-range targets of $13 and $27. Those are forecasts, not promises, and they assume steady market conditions and continued interest.

    Whales Take Profit Amid Rally And ETF Flows

    Meanwhile, analyst Ali Martinez said larger holders have been taking profits during the rebound. Whales holding between 1 million and 10 million XRP reportedly sold over 180 million tokens, trimming their balances to about 4.74 billion XRP. That kind of selling can add pressure even while the price is trying to recover.

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    Institutional flows appear to be a counterweight. Based on reports, the Franklin Templeton and Grayscale XRP ETFs launched in the US yesterday and drew combined positive flows of $130 million on their first day.

    Net inflows into US XRP ETFs on Monday were placed at $164 million, a figure that helped absorb some of the selling and supported a more than 7% gain over 24 hours in some trading windows.

    Featured image from Pexels, chart from TradingView

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    Christian Encila

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  • XRP Hits Exact Bull Target as Top Traders Celebrate Perfect Market Call

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    XRP’s market momentum accelerated this week as the cryptocurrency hit a key bullish target identified by a prominent trader, reinforcing growing confidence across the community.

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    The surge comes amid a wave of institutional inflows, multiple ETF launches, expanding utility, and renewed optimism from analysts who believe XRP is entering a powerful new phase of market participation.

    XRP's price trends to the downside on the daily chart. Source: XRPUSD on Tradingview

    Technical Breakout: Bull Flag Target Achieved

    A precise technical call from trader @kriptocumm caught the attention of XRP traders after the asset reached the exact bull flag target he outlined earlier in the week.

    KripTocuM’s analysis, shared on November 22, identified a textbook flag pattern with support at $1.8810 and a breakout requirement above $1.92. Using the pole height of roughly $1.37 added to the breakout point, he calculated a target of $2.1076.

    On November 24, XRP rallied past $2, coming within striking distance of the projected level, before stabilizing near $2.055. Trading volume jumped to $3.85 billion, reflecting heightened market participation and validating the breakout structure.

    Indicators remained tilted bullish, with RSI at 62 and a positive MACD crossover suggesting further upside potential.

    XRP ETF Momentum Pushes Institutional Demand Higher

    XRP’s move arrives during one of its strongest weeks of institutional interest to date. Franklin Templeton’s newly approved spot XRP ETF (XRPZ) debuted on the NYSE with projected first-day volumes of up to $30 million.

    The fund’s aggressive fee-waiver strategy, 0% on the first $5 billion until May 2026, has already drawn investor attention.

    Grayscale also launched its XRP Trust ETF (GXRP) with a temporary 0% fee, expanding access for traditional market participants seeking regulated exposure.

    Both products entered the market as XRP recorded $179.6 million in weekly inflows, sharply contrasting heavy outflows from Bitcoin and Ethereum ETFs. Analysts say this rotation signals a shift toward altcoins with clearer catalysts and strengthening fundamentals.

    Analysts See Expanding Utility and Long-Term Upside

    Growing utility narratives continue to enhance XRP’s appeal. CryptoSensei recently reiterated explosive price projections, conditional on supply constraints, while pointing to rising institutional adoption, expanding treasury use, and new stablecoin-related integrations as key pillars for long-term growth.

    Meanwhile, Ripple’s new Asian banking partnership and ongoing XRPL scalability upgrades are adding further confidence to XRP’s fundamental outlook.

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    With momentum building on both technical and institutional fronts, traders now look toward the next major resistance levels as the market gauges whether XRP can sustain its powerful new trend.

    Cover image from ChatGPT, XRPUSD on Tradingview

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    James Halver

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  • Dogecoin Goes Wall Street: Grayscale Confirms Nov. 24 ETF Launch

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    Grayscale Investments will list spot ETFs for Dogecoin and XRP on the NYSE Arca on November 24, 2025, offering a new way for everyday investors to buy those coins through regular brokerages.

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    According to exchange notices and regulatory filings, the funds will trade under the tickers GDOG for Dogecoin and GXRP for XRP. The listings convert Grayscale’s existing private-placement trusts into publicly traded products.

    Grayscale Moves To List Dogecoin And XRP

    Reports have disclosed that both ETFs received approval to be listed, and the paperwork was filed with the US Securities and Exchange Commission.

    The move brings spot exposure to two smaller, but widely followed, cryptocurrencies into a mainstream vehicle. For many investors, that means access without directly managing wallets or private keys.

    Market Activity Up Ahead Of Launch

    Trading activity in related derivatives climbed in the lead up to the announcement. Dogecoin derivatives volume increased by more than 30% to roughly $7.22 billion, based on exchange data.

    XRP derivatives surged as well, jumping about 51% to around $12.74 billion. Based on reports, these spikes reflect traders positioning for potential price swings around the ETF debut.

    Spot ETFs do not promise higher prices, but they do change who can buy the assets. Brokers, retirement plans, and funds that avoid direct crypto custody may now step in.

    That could affect liquidity in both the tokens and their markets. At the same time, the overall crypto market has seen pressure; reports say the launches come during a roughly six-week downturn.

    DOGE market cap currently at $21.4 billion. Chart: TradingView

    Questions Remain Over Demand And Flows

    Product fees, custody details, and how the trusts convert into ETF shares will shape investor appetite. Past launches of crypto ETFs showed brisk early flows for some products, while others saw muted interest. What matters for prices is not only listings, but inflows and outflows once trading begins.

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    Investors and analysts are likely to watch the first days of trading for clues. High volume and tight spreads would suggest strong demand. Low turnover or wide spreads could signal tepid interest.

    Based on reports, market participants will also monitor whether the ETFs draw the same sort of speculative trading that has driven derivatives volume in recent days.

    The listing of both GDOG and GXRP on the same date marks a notable step for mainstream crypto products. According to exchange filings, the funds are structured as spot ETFs that hold the underlying tokens via custodians. While that does not remove price risk, it does make buying these assets simpler for a broad group of investors.

    Featured image from Gemini, chart from TradingView

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    Christian Encila

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  • XRP ETF Debut Battle: How Bitwise’s Launch Day Matched Up Against Canary’s XRPC

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    The ETF still ranked as the year’s third-largest debut despite a sharp market sell-off.

    The Bitwise XRP ETF (XRP) began trading on the New York Stock Exchange yesterday, marking the second U.S. fund to offer direct 100% exposure to the Ripple-linked asset.

    Despite a sharp downturn across the wider crypto market, the new fund saw approximately $26 million in trading volume on its first day.

    A Strong Debut Amid Market Turmoil

    This debut follows the record-setting launch of the Canary XRP ETF (XRPC) just a week prior, which saw nearly $60 million in first-day volume. Bitwise’s entry was closely monitored, with Bloomberg reporting it neared $22 million in volume just a few hours into the session.

    By the closing bell, the final tally reached $25.9 million, translating to over 1.1 million shares traded. Social media commentator Chad Steingraber, who posted real-time updates on the day of the launch, noted the fund’s volume passed the $23 million mark with ninety minutes left to trade. This performance makes it the third biggest ETF debut of the year, after Canary’s XRP offering and Bitwise’s Solana ETF.

    However, it came against a difficult backdrop for digital assets. On the same day, Bitcoin fell to a seven-month low near $88,000, dragging major altcoins like Ethereum and XRP down with it.

    The Ripple token’s price tested the critical $2.00 support level, a key zone that analysts like CasiTrades have identified as potentially marking the bottom of its current correction. It has since given in, and the asset now trades well below it.

    Market Impact and Future Outlook

    The immediate success of two XRP-focused ETFs has sparked discussion about their long-term effect on the token’s supply. In a series of posts on X, Steingraber projected that if the current adoption rate continues, ETF issuers could collectively acquire millions of XRP tokens daily.

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    He suggested that with just two funds, daily acquisitions could already be around 6 million XRP, potentially growing significantly as more products enter the market.

    This institutional demand could create a new dynamic for the underlying asset, which has one of the most dedicated retail communities in crypto, often referred to as the “XRP Army.”

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  • Analyst Claims XRP Price Will Surge To $220 Due To ETFs, But Is This Possible?

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    Crypto analyst Chad Steingraber has sparked both excitement and skepticism in the crypto community with a bold prediction for the XRP price. According to his technical analysis, XRP could surge to an astonishing $220 solely due to the impact of its Exchange-Traded Funds (ETFs). He draws a parallel with Bitcoin’s historic price spike following its spot ETF launch, suggesting that institutional adoption and market enthusiasm could drive a similar meteoric rise for XRP. While the bold claim has caught the interest of market participants, questions remain about whether this projection is realistically achievable. 

    XRP Price To Reach $220 From ETF Influence

    On Wednesday, Steingraber shared his bullish XRP price forecast on X social media, suggesting that the cryptocurrency could experience an explosive surge to $220 depending on the results of its ETFs. He bases this striking prediction on the potential impact of institutional inflows, arguing that the launch of major XRP ETFs could dramatically increase XRP’s demand and price. 

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    Steingraber has based his XRP price projection on Bitcoin’s post-ETF launch performance in 2024. He pointed out that the BTC price roughly doubled in value during the first year after its Spot ETF debut, driven by strong institutional adoption, market enthusiasm, and broader momentum. 

    Using this as a benchmark, the analyst compares both the absolute and percentage gains of Bitcoin to estimate that XRP could experience a similar surge in value. He believes that with the potentially massive inflows set to come from XRP ETFs, the current price of the cryptocurrency could multiply by 100x to reach $220. 

    Steingraber has highlighted the Canary XRP ETF, XRPC, which recorded massive consecutive inflows this month and became one of the most successful ETF launches in 2025, as evidence of growing institutional interest. He described XRPC as a “warning shot,” signaling the arrival of other major players in the market. 

    ETF Inflows To Consume Supply, Amplifying Price Pressure 

    In a separate analysis, Steingraber examined the potential effects of ETF inflows on XRP’s supply and price. He envisioned a scenario where multiple funds collectively acquire over $1 billion worth of XRP in a single day, which is equivalent to more than 229 million XRP. Extending this hypothetical situation, he calculated that weekly ETF activity could absorb over 1.14 billion XRP, while monthly accumulation could exceed 4.58 billion XRP.

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    In about six months, he surmised that ETF demand could theoretically purchase nearly 27.5 billion XRP, an amount large enough to consume a significant portion of the cryptocurrency’s circulating supply. Additionally, Steingraber’s projection highlights the potential structural pressure that institutional ETFs could exert on the altcoin’s price. 

    Even without price appreciation, the analyst suggests that the scale of potential ETF inflows could create supply constraints that could drive upward momentum. Additionally, he predicts that the collective ETFs could drain the entire public supply within one year.

    XRP trading at $2.11 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from iStock, chart from Tradingview.com

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    Scott Matherson

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  • Famous Trader Bets $27 Million That The XRP Price Will Crash

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    A famous trader is betting on a significant XRP price crash amid this recent market downtrend. The altcoin continues to struggle despite the recent launch of Canary’s XRP ETF, with popular analyst Ali Martinez suggesting it could soon drop below the psychological $2 level. 

    Famous Trader Opens $27 Million Short Position On XRP

    In an X post, the on-chain analytics platform Lookonchain revealed that a famous trader is shorting the market again, opening a 20x short on XRP worth $27.4 million. The trader has also opened short positions of 40x and 10x on Bitcoin and ZEC, respectively, worth $148.5 million and $20.4 million. 

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    This comes as the XRP price continues to struggle, putting it at risk of a further decline, especially with concerns that Bitcoin may already be in a bear market. Crypto analyst Ali Martinez also predicted that XRP could drop to as low as $1.73 if it loses the $2.15 support level. 

    Meanwhile, XRP continues to face significant selling pressure despite increased institutional adoption through the launch of Canary’s XRP fund, with more XRP ETFs also set to launch. Santiment data shows that whales holding between 1 million and 10 million coins recently sold almost 200 million coins in the space of 48 hours. 

    Source: Chart from Ali Martinez on X

    This may just be the start of a larger sell-off following Glassnode’s recent revelation. The on-chain analytics platform revealed that the share of XRP supply in profit has fallen to 58.5%, which is the lowest since November 2024, when the price was trading at around $0.53. Glassnode further noted that despite XRP trading 4x higher now, 41.5% of its supply (around 26.5 billion) sits in loss, which it claimed is a “sign of a top-heavy and structurally fragile market”.

    Macro Structure Points To A Decline To $2.03

    Crypto analyst CasiTrades stated that XRP is still likely making its way down to the macro .5 fib support at $2.03. She claimed that the move is playing out perfectly as Wave 2s are corrective and that the choppiness is exactly how the market should behave. The analyst further revealed that the only invalidation of the drop to the $2.03 support is a decisive break above the macro .382 level at $2.41. 

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    CasiTrades explained that this $2.41 level remains the line in the sand and that, as long as XRP stays below it, the structure points to a final sweep of $2.03. She also raised the possibility of a drop to the “still-valid” macro target at $1.65, which is the .618 fib level. The analyst noted that Wave 2 corrections commonly reach the .618 and that the longer XRP ranges without breaking resistance, the more probable a drop to that level becomes. 

    CasiTrades stated that a move to $1.65 would not be bearish, as it would build the kind of momentum needed for a powerful macro Wave 3 to new all-time highs (ATHs). She has predicted that XRP could rally to a new ATH of as high as $10. 

    At the time of writing, the XRP price is trading at around $2.15, down in the last 24 hours, according to data from CoinMarketCap.

    XRP
    XRP trading at $2.15 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Adobe Stock, chart from Tradingview.com

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    Scott Matherson

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