Will XRP Crash? Here's What the Chart Is Warning Us About
XRP is showing signs of weakness and traders are starting to worry. Will the price crash below key support.
Keep up with what's happening in the crypto world in real-time.
XRP is showing signs of weakness and traders are starting to worry. Will the price crash below key support.
Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he highlighted a head-and-shoulders pattern that could spark the breakdown below $2.
Bitwise Asset Management on Friday outlined a pragmatic assessment of XRP's (CRYPTO: XRP)'s utility, emphasizing that its value may increasingly stem from real-world applications—especially in asset tokenization and cross-border payments—rather than speculation alone. What Happened: According to the report, XRP's blockchain, known as the XRP Ledger, is already being used to facilitate direct payments and cross-currency transactions.
The Federal Reserve's key inflation measure came in hotter than expected in February, according to data released on Friday.
Bitcoin holds steady above $84K while Ethereum and XRP show bearish setups. Key levels to watch for BTC, ETH, and XRP.
XRP price has slipped more than 5% today, slipping below the $2.2 mark, sparking speculations among investors. With a flurry of investors evaluating the potential future performance of the coins, experts have given mixed predictions, further fueling discussions.
In recent weeks and months, XRP has once again become one of the most talked about cryptocurrencies in its 11+ year history. It is understandable, as the price of XRP has surged more than 500%, outperforming Bitcoin (BTC).
Here are the latest news related to Ripple and its cross-border token.
XRP, the fourth largest cryptocurrency by market capitalization, is shaping up with a head and shoulders pattern on its daily price chart, suggesting a bearish outlook for its price.
Ethereum price fell below $2,000 on Thursday, March 28, as the crypto market reeled amid intense volatility and bearish pressure. This decline has shifted the attention of traders from ETH to Ethereum rivals that can record significant gains in price.
With its price plunging more than 4% in a single day as the asset tries to hold onto its position within a contracting trading range, XRP is once again under pressure. XRP is currently trading at about $2.23 after plummeting from the $2.40 range, losing a sizable amount of its most recent gains and undermining investor confidence.
According to a Public Ethics Committee, one in five South Korean public officials, 411 out of 2,047 officials, holds cryptocurrency, totalling around 14.41 billion Korean won ($9.8 million). This reveals the extent to which cryptocurrency, particularly altcoins, is penetrating Korea's public sector.
Paul Atkins, President Donald Trump's nominee to lead the U.S. Securities and Exchange Commission (SEC), recently addressed the Senate Banking Committee on March 27, calling for a clear and supportive framework for the cryptocurrency market.
The Securities and Exchange Commission's (SEC) decision to drop lawsuits against several major crypto players has left the Ripple case as a notable exception. Recently, the US SEC dismissed litigations against Kraken, Cumberland, and Consensys, sparking curiosity about the status of the XRP lawsuit.
XRP price has lost momentum recently and crashed from this month's high of $3 to $2.20. This trend may soon end if the Securities and Exchange Commission (SEC) moves ahead and approves the 16 spot Ripple ETFs that have been applied.
The XRP (XRP) market is flashing warning signs as a bearish technical pattern emerges on its weekly chart, coinciding with macroeconomic pressures from anticipated US tariffs in April.XRP descending triangle pattern hints at 40% drop Since its late 2024 rally, the XRP price chart has been forming a potential triangle pattern on its weekly chart, characterized by a flat support level mixed with a downward-sloping resistance line. A descending triangle pattern forming after a strong uptrend is seen as a bearish reversal indicator.
On the legal and regulatory side, 2025 has been a very positive year for Ripple Labs and for the XRP token.
XRP holds firm above $2.13 as ETF speculation and Ripple's SEC settlement boost sentiment. Will technicals and fundamentals drive a breakout to $5? The post XRP Price Holding Strong Above Support – Rally to $5 Incoming? appeared first on Cryptonews.
Cryptocurrencies declined on Friday as investors remained cautious ahead of a pivotal week for U.S. economic policy. What Happened: Bitcoin (CRYPTO: BTC) fell 2.5% to $85,100 over the past 24 hours, continuing Thursday's downtrend.
XRP looks bullish right now. At the start of November 5, the price of XRP was just $0.5037. Since then, the market has grown by over 340.61%. During the period, it has outperformed the top two cryptos, Bitcoin and Ethereum. Experts believe that 2025 could be a landmark year for XRP.
In the last one year, the XRP market has experienced a significant rise of 257.9%. During the period, Bitcoin has surged by just 20.8%, and Ethereum has dropped by over 46.6%. A cryptocurrency analyst, identified as Dark Defender, predicts that XRP will outperform Bitcoin and Ethereum in the future. Here is everything you should know.
In a key milestone for the crypto payment industry, Gemini announced a credit card allowing users to receive XRP rewards on each purchase. The initiative places Gemini among the few cryptocurrency firms offering XRP cashback incentives, underscoring the increasing adoption of crypto in day-to-day financial undertakings.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Toncoin in greater detail. Ethereum (ETH) At the start of this week, Ethereum had a good attempt at a relief rally, but the bullish momentum soon stopped when the price reached $2,000.
The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.