XRP Price Slumps as Investors Flock to Mutuum Finance (MUTM)

The cryptocurrency market is always in a state of flux, and the latest developments in Ripple (XRP) and Mutuum Finance (MUTM) are no exception. Here’s a closer look at what’s happening and what it means for investors.

Ripple (XRP) Price Dips 10% as Investors Shift to Mutuum Finance (MUTM)

Ripple’s (XRP) price has dipped 10% in a week, threatening to fall below the $2 support level, which could lead to a further 5% drop to $1.95. Technical indicators suggest faltering bullish momentum, with the Chaikin Money Flow (CMF) dipping below -0.05 and the Awesome Oscillator turning red. Meanwhile, investors are turning their attention to Mutuum Finance (MUTM), a decentralized lending protocol whose presale has already crossed $6 million, with a price increase expected soon.

dKargo and Biconomy Partner to Transform Web3 Logistics with Enhanced Scalability

dKargo has partnered with Biconomy to optimize the scalability and user experience of its Layer 3 mainnet. The collaboration aims to develop Web3 technology for more efficient supply chain operations globally. Through this partnership, dKargo will incorporate Biconomy’s Modular Execution Environment (MEE) to enhance logistics in Web3 by offering XRP EVM sidechain support and abstracting away blockchain complexity.

XRP at Make-or-Break Level Amid Market Uncertainty

XRP, Ripple Labs’ native token, has reached a critical level and could drop by 39% to $1.15 if it fails to hold the $1.95 or $1.90 levels. Traders are over-leveraged, and the asset’s daily chart suggests a bearish head-and-shoulders pattern nearing a breakdown at the neckline of $2. The overall crypto sentiment is bearish, with major assets like Bitcoin [BTC] and Ethereum [ETH] also struggling.

XRP Price Prediction for April 1: Is XRP Poised for Recovery or Further Decline?

XRP faces a 35% decline in 2025 despite legal progress with the SEC. Market confidence in XRP’s price growth has dropped significantly, from 90% to 4%. Technical indicators show bearish signals, with XRP nearing oversold conditions. The Ripple community is closely watching a key legal development in its battle with the U.S. Securities and Exchange Commission (SEC), with a resolution expected within the next 60 days. There are hopes that this could lead to the approval of an XRP exchange-traded fund (ETF), boosting investor sentiment. However, XRP’s price performance has been negative in early 2025, making it one of the most affected major assets.