XRP price prediction: More downside likely as XRP slips 4.54% on persistent selling
XRP is trading at $1.8347, which is below its MA-20 ($2.0535), MA-50 ($2.1852), and MA-200 ($2.5934), indicating persistent short-, medium-, and long-term bearish pressure. The nearest dynamic resistance is the Ichimoku Kijun at $2.0676, with no immediate dynamic support above the current price.
Highlights
- XRP saw over $1 billion in institutional inflows after the launch of its first spot ETFs, with participation from Franklin Templeton, 21Shares, ProShares, and CoinShares.
- Doppler Finance and SBI Ripple Asia partnered to offer institutional-grade XRP yield products and pursue tokenization of real-world assets on the XRP Ledger.
- Ripple expanded its ecosystem through the recent acquisition of GTreasury, strengthening its institutional offerings around XRP.
Ecosystem growth accelerates as institutional flows surge post-ETF launch
XRP has attracted substantial institutional attention following the launch of its first spot exchange-traded funds (ETFs), gathering over $1 billion in inflows and seeing strong participation from firms like Franklin Templeton, 21Shares, ProShares, and CoinShares. Additionally, Doppler Finance and SBI Ripple Asia formed a partnership to offer institutional-grade XRP yield products and pursue tokenization of real-world assets on the XRP Ledger. Ripple's recent acquisition of GTreasury has further expanded its ecosystem.
Overextended oversold levels as sellers maintain intraday control
Momentum indicators confirm a negative trend, with both MACD and ADX on D1 and W1 signaling bearish momentum. RSI (34.0), Stoch RSI (0.0), and CCI (–156.3) indicate oversold conditions, while BBP remains negative, pointing to ongoing seller dominance intraday. The Awesome Oscillator also aligns with the bearish trend, supporting further downside. Today, XRP opened at $1.8628 (no significant gap from the previous close of $1.922) and has slipped 4.54%, currently trading near the lower end of today’s range ($1.8305–$1.8718) amid moderate volatility. Intraday tone reflects continuous pressure after the open, as both momentum and price action support sellers’ control.Sideways movement likely as oversold conditions curb rebound odds
For the next 5 trading days, the projected price range is $1.75–$1.90, reflecting a typical volatility band relative to current levels. The probability of a sustained upward move is low (less than 20%), making further declines more likely. In the most probable scenario, XRP fluctuates sideways between $1.75 and $1.90 as oversold conditions slow the rate of decline. A bullish reversal would require a strong breakout above $1.90 toward resistance near $2.07, though this scenario is unlikely given current weak momentum and persistent selling pressure; a break below $1.75 could expose XRP to further downside risk.- Forex
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