XRP is showing signs of significant weakness, with the price falling to $1.82 at the time of writing—down over 4% in the last 24 hours. This marks a sharp drop from recent highs near $3 earlier in the year and comes amid mounting macroeconomic and regulatory pressure.
On the daily chart, XRP has decisively broken below the 200-day simple moving average, now resting near $1.85, a level that has flipped into resistance. The 20-day and 9-day EMAs also trail price, signaling strong downward momentum. The RSI is hovering around 32.37, just above oversold territory, while the MACD remains bearish with both signal and MACD lines trending downward.
The Stochastic Oscillator, sitting near 22.25, confirms weak bullish momentum and potential for further downside. A sustained move below the current $1.75–$1.80 zone could trigger a retest of the $1.50 level. Below that, XRP’s long-term support sits at the $1.25–$1.30 range.
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Source: Tradingview.
On-Chain Signals and Whale Behavior
Despite the bearish technical setup, whale accumulation has been picking up, suggesting that larger players may be seeing this dip as a strategic accumulation zone. According to recent Santiment data, wallets holding between 100K and 100M XRP have increased their positions. Additionally, Ripple’s network activity remains robust, with active addresses on the rise—crossing 80,000 in recent weeks.
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Total XRP holders continue to increase. Source: Santiment.
XRP ETF Launch and Hidden Road Acquisition Are The Fundamental Drivers
Ripple’s $1.25B acquisition of prime brokerage firm Hidden Road has yet to be priced in. The move could funnel institutional capital toward XRP’s ledger and establish Ripple as a stronger player in cross-border liquidity. The launch of a 2x leveraged XRP ETF by Teucrium adds further exposure, though it has sparked mixed reactions due to its derivative structure and lack of an approved spot ETF.
Meanwhile, Ripple’s post-SEC strategy continues to focus on building real-world use cases with ongoing partnerships, tokenization efforts, and developments in stablecoin infrastructure (including the integration of RUSD). These may serve as long-term bullish catalysts if the broader market recovers.
As it stands, the asset must hold above $1.75 to avoid accelerating the downtrend. A successful defense could lead to a bounce toward the $2.00–$2.25 range. However, if bearish momentum continues, downside targets include $1.55 and $1.30, with worst-case projections pointing to $0.65 in a high-volatility breakdown scenario.
Overall, XRP is at a technical and psychological inflection point. Short-term price action remains vulnerable, but the longer-term outlook could brighten if Ripple executes effectively on its institutional growth strategy and the ETF narrative gains traction.
