XRP Defies Market Pullback: Key Support Holds Amid Declining Activity
Despite a broader market retreat, XRP has shown resilience, maintaining its price above critical support levels. This article delves into the current state of XRP, analyzing on-chain data, derivatives activity, and long-term investor behavior to uncover what might lie ahead for the cryptocurrency.
Market Retreats from XRP, Yet Price Holds Firm—What’s Next?
XRP trades at $2.09, down 18.41% this month but still above key support levels. Activity on the XRP Ledger has seen a sharp decline, with active addresses falling nearly 80% since December and futures open interest down almost 70%. Ripple’s coin exchange reserves have hit lows last seen in July 2023, indicating long-term investor confidence. Despite weakening activity across both on-chain and derivatives markets, XRP maintains resilience. The coin once reached peaks above $3.40 in early 2025 but now trades at $2.09. This reflects an 18.41% decline over the past month. However, the price has not experienced a full breakdown, even as investor engagement continues to shrink and broader market momentum cools.
XRP Price Analysis Today: Golden Cross Points to Potential Breakout
The XRP price dropped by 16.4% over the last 30 days, with a 1.9% decline in the past 14 days. However, an XRP Golden Cross on the daily chart signals a potential breakout. With increasing institutional interest in Asia, it suggests that XRP could soon return to $3. 2024 proved to be a strong year for XRP, with a remarkable 235.7% increase. The market surged by 240.1% in Q4 alone, largely influenced by the shift in the US political landscape following Donald Trump’s win. In 2025, XRP faced a 29.3% drop in February and a 2.52% dip in March, but January 2025 saw a 46% rise, touching a peak of $3.4028.
The SEC Rate Cuts Could be on the Horizon - Will XRP Price Explode by 45% This Month?
The XRP price has been displaying strong resilience, holding above the crucial support range around $1.8 since December 2024. This suggests bulls are vigilant, and upcoming events may have a bullish impact. Currently, the XRP price hovers around the crucial $2 mark within a range-bound consolidation, though it has been under bearish influence due to a lack of bullish strength. The Ripple community eagerly awaits the potential impact of an XRP ETF launch on its price.
XRP News: ETF Approval Could Suck Up Supply & Pump Price Higher
A crypto analyst from the Good Morning Crypto podcast predicts that the approval of XRP-based ETFs could lead to massive buying pressure, pushing XRP prices higher. According to the analyst, once proper regulations are in place, both investors and daily users of XRP could rush to grab what’s left of the supply, as ETFs could act like “vacuum cleaners” and suck up the remaining XRP. This outlook is driving a bullish sentiment around XRP.
