XRP Price Struggles Amid Resistance and Bearish Trends
XRP’s price recovery has faltered as it faces significant resistance near the $2.00 mark, with a bearish trend line forming at $1.935. Despite a recent rebound, the cryptocurrency remains under pressure, and failure to break past key resistance levels could lead to further declines. Below is a detailed analysis of XRP’s current market position and future outlook.
XRP Price Recovery Fades, Faces Resistance at $2
XRP price has started a fresh decline below the $1.950 and $1.80 levels, testing $1.60. The price is currently correcting losses but facing hurdles NEAR the $2.00 level. A connecting bearish trend line is forming with resistance at $1.935 on the hourly chart. The pair might extend losses if it fails to clear the $2.00 resistance zone.
XRP Price Prediction: Battles Tariff Turbulence Amid MVRV Buy Signal
XRP has rebounded after immense volatility triggered by US President Donald Trump’s reciprocal tariffs. A negative MVRV ratio indicates that XRP is significantly undervalued, prompting traders to buy the token. However, a decline in the network’s on-chain activities could slow recovery. Ripple (XRP) is seeking stability in a volatile crypto landscape influenced by macroeconomic factors, including reciprocal tariffs. The token hit a low of $1.64 on Monday after opening the week at $1.92, representing a 14.5% daily drop. By Tuesday during the late Asian session, XRP had recovered Monday’s losses, trading at $1.92 as global markets adjusted to President Trump’s ever-changing tariff policy.
XRP ETF Set to Launch as 2x Leveraged Product in U.S. Amid Market Dip
Asset manager Teucrium Investment Advisors is set to launch a 2x Leveraged exchange-traded fund (ETF) tied to XRP, marking the first such product in the United States. The Teucrium 2x Long Daily XRP ETF, trading under the ticker XXRP, will begin trading on NYSE Arca, offering investors twice the daily return of XRP via swaps. The fund enters the market at a time of declining crypto prices and increasing regulatory shifts. XRP, the fourth-largest cryptocurrency by market cap, has seen renewed attention after the U.S. Securities and Exchange Commission (SEC) recently ended a multi-year legal battle.
XRP Price Prediction: XRP battles tariff turbulence amid MVRV buy signal
Ripple (XRP) seeks stability in a volatile crypto landscape influenced by macroeconomic factors, including reciprocal tariffs. The international money transfer token hit a low of $1.64 on Monday after opening the week at $1.92, representing a 14.5% daily drop. At the time of writing, during the late Asian session, XRP had recovered Monday losses, exchanging hands at $1.92, as global markets continue to adjust and digest United States (US) President Donald Trump’s ever-changing tariff policy.
