XRP price prediction: More downside ahead? XRP slips below key support levels
XRP is trading at $1.9349, reflecting a daily decline of 2.20%. The asset remains under pressure, positioned below the MA-20 ($2.2663), MA-50 ($2.4534), and MA-200 ($2.6287), and is trading near today’s low of $1.914.
Highlights
- Bitwise, Grayscale, and 21Shares launched spot XRP ETFs in the US after SEC approval, significantly expanding institutional access to XRP.
- SEC regulatory clarity and the conclusion of Ripple litigation have spurred increased institutional participation, leaving several additional spot ETF filings pending.
- Despite large-holder selloffs and broader crypto market weakness, the XRP Ledger ecosystem is growing with more tokenization, new native staking, and rising payment adoption.
ETF launches bolster institutional access as large holder selloffs curb sentiment
The recent launch of multiple spot XRP exchange-traded funds (ETFs) in the United States, including offerings from Bitwise, Grayscale, and 21Shares following SEC approvals, has marked a milestone for institutional access to the asset. Regulatory clarity from new SEC rules and the end of litigation with Ripple has supported growth in institutional participation and left several spot ETF applications pending. Meanwhile, selloffs by large holders and a downturn in the broader crypto market have impacted sentiment, though the XRP Ledger ecosystem continues to expand with increased tokenization, native staking development, and growing adoption in payments.
Bearish dominance persists as technical signals and momentum weaken
The technical outlook remains bearish as XRP trades below all key moving averages and faces dynamic resistance at the Ichimoku Kijun level of $2.2596, with no significant support from moving averages nearby. Momentum indicators reinforce this weakness — MACD and ADX highlight an established downtrend with strong directional strength, while bearish dominance persists according to Bull/Bear Power. Oscillators signal oversold conditions across the board: RSI sits at 31.48, Stoch RSI is at its lower bound, and CCI is deeply negative, all suggesting persistent selling pressure.
Limited rebound odds as downside bias prevails without key support
Short term, XRP is expected to trade between $1.914 and $2.072 over the next five sessions, containing moves within roughly ±7% of current levels. Upside potential is limited and the likelihood of a sustained rebound is low (less than 20%), with further declines more probable if support at $1.914 fails. A recovery scenario would require the price to reclaim the $2.26 resistance for any bullish signals to emerge.
Previously it was noted that market sentiment deteriorated sharply, reflected in the Crypto Fear & Greed Index, which plunged to 11 (Extreme Fear) and signaled heightened investor anxiety. The previous article also highlighted Bitwise's debut of its spot XRP ETF and RippleX exploring early concepts of native XRP staking.
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