XRP Eyes $2.70 Rebound After Brief Dip Below $2.60
On October 14, 2025, XRP experienced a 2-3% decline, dropping below the crucial $2.60 support level following a significant $63 million transfer to Binance. This move intensified selling pressure, causing the altcoin to struggle within the $2.55-$2.56 range. Profit-taking NEAR the $2.65-$2.66 zone further dampened upward momentum, preventing a swift recovery. However, hourly volume spikes indicated persistent accumulation at lower levels, hinting at underlying demand. Analysts suggest that a sustained rebound above $2.60 could pave the way for XRP to retest the $2.70 resistance level. Despite the short-term dip, the market remains cautiously optimistic about XRP's potential for recovery, with key indicators pointing to latent buying interest. The coming days will be critical in determining whether XRP can reclaim higher ground or face further consolidation.
XRP Dips Below $2.60 Amid Major Transfer to Binance
XRP fell 2-3% on October 14, breaching the critical $2.60 support level after a $63 million transfer to Binance amplified selling pressure. The altcoin struggled to hold the $2.55-$2.56 range as profit-taking near $2.65-$2.66 suppressed upward momentum.
Hourly volume spikes revealed persistent accumulation at lower levels, suggesting latent demand. A sustained rebound above $2.60 could pave the way for a retest of $2.70 resistance.
Blockchain data showed concentrated sell orders near $2.66, with market depth erosion triggering a brief dip below $2.57 before stabilization. The $2.55 zone emerged as a key battleground, repeatedly absorbing selling pressure throughout the session.
XRP Price Prediction: Analysts Forecast Decline Below $1 by 2025 Amid Market Shifts
XRP's valuation faces mounting skepticism as analysts project a drop below $1 by 2025, despite a recent 7.19% rebound to $2.58. The token's $154.85 billion market cap and $10.72 billion daily volume reflect fleeting relief in a volatile market recovering from last week's $500 billion crash.
Capital rotation into emerging DeFi projects like Remittix (RTX) exacerbates pressure on XRP, with competitors offering lower fees and targeted cross-border solutions. Market fragility persists amid geopolitical tensions—including Trump-era trade tariffs—and technical disruptions like Binance's zero-dollar bug.
They Told You XRP Doesn’t Need a High Price — They Lied: Crypto Founder Says
Versan Aljarrah, co-founder of Black Swan Capitalist, has challenged prevailing narratives about XRP's utility in a recent podcast. The crypto entrepreneur dismissed claims that the digital asset doesn't require significant price appreciation to fulfill its purpose, bluntly stating "they lied" about XRP's economic requirements.
The controversial remarks come as Ripple continues battling regulatory uncertainty while maintaining its position as a leading enterprise blockchain solution. Aljarrah's comments suggest deeper divisions within the crypto community about valuation fundamentals versus utility metrics for payment-focused tokens.
Analyst Draws Parallels Between XRP's Current Slump and 2017 Pre-Bull Cycle Setup
XRP continues its bearish trajectory, yet analyst Ether Nasyona warns against dismissing the asset prematurely. The current price action mirrors patterns observed before XRP's historic 2017 bull run—a period when skeptics similarly underestimated its potential.
Market veterans recall how XRP defied expectations during the last cycle, rallying over 36,000% from its 2017 lows. While short-term sentiment remains cautious, these technical echoes suggest the digital asset may be forming a base rather than facing permanent decline.
XRP ETF Approval Faces Delays Amid Regulatory Hurdles
The path to an XRP ETF remains obstructed by procedural complexities and broader market constraints. October's 19b-4 filings represent administrative checkpoints rather than launch triggers, with Greg Xethalis emphasizing the need for supplementary Securities Act filings before final approval. Regulatory gridlock persists as the U.S. government shutdown stalls crypto ETF progress across the board.
Institutional interest defies bureaucratic delays, with $61.6 million flowing into XRP products in mid-October. Market participants continue positioning for eventual approval, evidenced by new filings including a Leveraged 3X product. The asset's fundamental case strengthens even as its regulatory timeline extends.
XRP's Path to $4: A Top Investor's Perspective Amid Market Resurgence
XRP's journey from its 2018 peak of $3.84 to its 2022 trough at $0.31 reflects the volatility inherent in cryptocurrency markets. The token's initial surge was driven by South Korean demand and optimism around Ripple Labs' fintech partnerships, only to be derailed by regulatory scrutiny and exchange delistings.
Now trading near $2.60 in October 2025, XRP's recovery signals renewed institutional confidence. Political shifts in the U.S., including new SEC leadership under the TRUMP administration, have created favorable conditions for crypto assets. Market participants watch closely as regulatory clarity emerges.
