Expert Reveals: XRP’s Drop Isn’t Failure—Here’s the Real Reason Behind the Crash

XRP's recent nosedive has traders scrambling—but insiders say this isn't a failure story. So why's the 'banker's crypto' bleeding value?

The market's playing chess, not checkers. While retail panics, whales might be repositioning for the next regulatory showdown.

Remember: In crypto, even dead cats bounce—but only after Wall Street's taken its cut.

Versan Aljarrah on XVersan Aljarrah on X This perspective aligns with the widespread belief among XRP supporters that the asset’s price movements are unfairly shaped by speculative trends rather than real-world developments and technological progress. "I agree. We are just going through the motions until true utility is realized," remarked X user John Boardman in response to Aljarrah's post. Essentially, XRP proponents stress that utility, not broader market forces, should define XRP's price. Why the Global Market Dipped Notably, XRP and the global crypto market are in the red amid the escalating conflict in the Middle East. The U.S. government's military involvement in the Israel–Iran war has stirred greater fears of World War III, as the world watches for Iran's retaliation following the U.S.'s bombing of its nuclear facility. Early concerns point to a spike in oil prices, prompting investors to move funds out of crypto. In parallel, Bitcoin dipped below $100K, reaching $98K before rebounding. This drop dragged other crypto assets like XRP, Ethereum, and Solana down as well. Despite the short-term setback, many in the XRP community remain optimistic, pointing to the coin's resilience. Even with the widespread selling in the broader market, XRP did not establish a new low. Moreover, the coin has since reclaimed the $2 mark, trading at $2.02 at the time of reporting, though still nursing a 3% loss over the past day. Where Will XRP Go After the Market Recovers? As the market hopes to rebound soon, projected outlooks for XRP include a potential run to a new all-time high. Analyst EGRAG has outlined various bullish scenarios, including a run to $6.70 and a potential continuation to $13. If history fully repeats, EGRAG predicts XRP could reach $27 this year.