XRP Faces Potential 50% Drop as Resistance Holds Strong

XRP’s price is under significant pressure after failing to break through the $2.62 resistance level multiple times, now trading around $2.43. The repeated rejections and a recent drop below $2.50 indicate weakening bullish momentum and a potential shift to bearish sentiment. Analysts warn of a possible 50% crash if the current support levels fail to hold.

XRP Price at Risk of Crashing 50% Amid Failed Resistance Break

XRP faces heightened downside risk after repeatedly failing to breach the $2.62 resistance level, with the digital asset now trading NEAR $2.43. Three consecutive rejection attempts signal weakening bullish momentum, compounded by yesterday’s drop below $2.50.

The failed breakout attempts suggest institutional buyers remain sidelined, shifting market sentiment toward bearish territory. Analysts warn the technical breakdown could trigger a 50% correction if support levels don’t hold.

Market participants await further developments in Ripple’s ongoing SEC case, which continues to cast uncertainty over XRP’s near-term trajectory. The weekend’s price action will prove critical in determining whether bulls can regain control or if deeper losses loom.

XRP Price Prediction: Bullish Targets For When ETFs Gain Approval, Plus Ripple ICO Rumours

Renewed excitement surrounds XRP as analysts project significant price gains pending ETF approvals. Legal hurdles persist, however, with Judge Torres denying Ripple and the SEC’s joint request to ease institutional sales restrictions.

Meanwhile, an unnamed payment token emerges as a potential dark horse in cross-border transactions, blending crypto efficiency with traditional banking accessibility. Market attention now divides between XRP’s regulatory challenges and this emerging competitor’s disruptive potential.

XRP Selling Continues Despite Positive Market Trends

XRP’s price chart paints a bearish picture, declining 2% overnight while most altcoins gained 1-2%. This underperformance persists despite Ripple’s legal victories against the SEC and growing institutional adoption. The market appears to be testing whether this is a temporary correction or a sustained trend.

Investors are weighing Ripple’s fundamental strengths - including ETF applications and international expansion - against the token’s current technical weakness. Meanwhile, speculative interest shifts toward micro-cap altcoins, with one $0.005 token attracting attention as a potential beneficiary of rotating capital.

XRP Faces ETF Setback and Bearish Pressure Amid Legal Uncertainty

U.S. District Judge Analisa Torres rejected a joint motion by Ripple and the SEC to modify injunctions and reduce Ripple’s $125 million civil penalty. The ruling dealt a blow to XRP’s momentum, pushing its price to a low of $2.2994 before finding tentative support near $2.31.

Legal uncertainty continues to weigh on investor confidence. "Without clarity from the court, institutional demand may remain sidelined," noted attorney John E. Deaton, a key figure in the amicus efforts. XRP was trading around $2.39 at press time, reflecting persistent market anxiety.