XRP Price Struggles Below $2: Potential for Further Decline

XRP’s price has recently dipped below the critical $2.00 mark, signaling a potential for further declines. The cryptocurrency faced resistance near $1.880 and has since fallen below $1.850, also slipping under the 100-hourly Simple Moving Average. A key bullish trend line support at $2.120 on the hourly chart was broken, adding to the bearish sentiment. If XRP fails to hold above the $1.80 support zone, losses could extend further. This article delves into the current market dynamics and what traders might expect next for XRP.

XRP Price Dives Below $2—Possible Bigger Breakdown?

XRP price has started a fresh decline below the $2.00 zone and is now consolidating. The price faced hurdles NEAR the $1.880 level and has moved below $1.850 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2.120 on the hourly chart. The pair might extend losses if it fails to stay above the $1.80 zone.

XRP Price Prediction: Hangs on Loose Thread Below $2

XRP loses crucial $2.00 support amid weekend sell-off. Technical indicators paint a grim picture, but rising active addresses at 1.48 million highlight strong fundamentals. Ripple whales are buying the dip despite weak micro factors like a dropping RSI and a sell signal from the MACD. The token is trading at $1.82, down 10.7% in the last 24 hours and 10% in the last seven days, amidst increased selling pressure and tariff stress from US President Donald Trump.

70% Of Binance Traders Are Betting On An XRP Price Rise, But Risks Remain

Amid recent crypto market crashes, the XRP price has declined over 30% from its January 2025 high of $3.2. Despite this, 70.33% of traders with open positions on Binance are betting on an XRP price recovery, according to crypto analyst Ali Martinez. This bullish sentiment could face challenges, however, as market conditions remain volatile.

Ripple Urges UK to Fast-Track Crypto Regulations

Ripple Europe Policy Director Mathew Osborne has urged the UK to act swiftly on crypto regulations to unlock its fintech potential. The UK is already a global leader in financial services and has the expertise to implement the right regulations. Osborne noted that other jurisdictions, such as the European Union, Hong Kong, and Singapore, have surpassed the UK in regulating the crypto industry, but the UK has a second-mover advantage and can learn from these regions to create a better regulatory regime. He emphasized that the UK can introduce a regulatory framework that supports the benefits of digital assets while mitigating risks.