XRP at Risk of 41% Decline Amid Bearish Technical Indicators
XRP is currently facing significant downward pressure, with technical analysis pointing to a potential 41% drop from its current position. The cryptocurrency is hovering near a critical $2 support level, and a breakdown below this could swiftly push prices down to $1.18. A bearish descending triangle pattern has formed, which is often a precursor to further declines. Additionally, open interest in XRP has plummeted by 36% to $3.54 billion since May, signaling waning investor confidence. Negative funding rates of -0.0068% further underscore the growing short positioning in the market, reminiscent of conditions in January that led to a 32% crash. As of July 2025, the outlook for XRP remains cautious, with traders closely monitoring these developments for potential downside risks.
XRP Faces Potential 41% Drop as Bearish Signals Mount
XRP teeters on the edge of a $2 support level, with technical indicators suggesting a breakdown could trigger a swift 41% plunge to $1.18. The cryptocurrency has formed a bearish descending triangle pattern while open interest plunged 36% to $3.54 billion since May - a historical precursor to price declines.
Negative funding rates (-0.0068%) confirm growing short positioning, mirroring January's conditions that preceded a 32% crash. Market structure shows weakening bullish conviction as traders rapidly exit positions, creating conditions for cascading liquidations below key support.
XRP Price Prediction: Is This the Final Dip Before $3?
XRP continues to struggle in a bearish trend, recently dropping below the critical $2.50-$2.10 support zone and testing the $1.95-$1.92 range. A daily close below $1.90 could trigger further declines toward $1.80-$1.79, while resistance remains firm between $2.16 and $2.60.
Analyst Casi Trades notes that XRP is approaching a key support level at $1.90, suggesting a potential 'bounce-then-final-dip' pattern before a bottom forms. The token remains confined within a broader trading range of $2.13-$1.55, with no confirmed reversal signals yet.
A breakdown below $1.79 risks exposing lower targets at $1.56 and $1.21. Conversely, a decisive breakout above $2.16 with strong momentum could signal an earlier-than-expected bullish recovery.
Pro-XRP Lawyer Speculates on Ripple IPO Timing and $100B Valuation
Ripple's potential IPO continues to fuel speculation within the crypto community, despite firm denials from executives about any plans for 2025. CEO Brad Garlinghouse and President Monica Long have repeatedly stated that going public is not a priority this year. Yet, strategic moves—including a $700 million share buyback, key hires in investor relations, and acquisitions totaling $1.5 billion—paint a picture of a company laying groundwork for long-term growth.
Pro-XRP attorney John Deaton weighed in on the timing debate, suggesting Ripple could command a $100 billion valuation if it follows a path similar to Circle's post-IPO performance. "TIMING an IPO is a big consideration," Deaton noted, highlighting Ripple's unique position with nearly 40 billion XRP tokens in reserve. Market observers are watching for signs of institutional readiness, even as XRP's price remains tethered to regulatory clarity.
XRP Price Jumps 6% Amid Geopolitical Shifts and Institutional Interest
XRP surged past $2.15, marking a 6% gain after former U.S. President Donald TRUMP announced a ceasefire between Israel and Iran. The geopolitical shift follows heightened tensions after U.S. airstrikes on Iranian nuclear sites, temporarily calming markets.
Institutional momentum is building behind XRP. Canada recently approved three spot ETFs, while the U.S. SEC reviews additional filings. Major investments include $300 million from China's Webus International, $500 million from Singapore's Trident Technologies, and $121 million from UK-based VivoPower—fueling XRP Ledger development and DeFi projects.
Exchange reserves for XRP dropped 21% to $2.3 billion, indicating reduced selling pressure but potential liquidity constraints. The rally reflects both macroeconomic catalysts and growing structural demand.
XRP Jumps 11% With Eyes on $2.20 Amid Geopolitical Turmoil
XRP surged 11% in the past 24 hours, reclaiming the $2 mark despite escalating tensions in the Middle East. The rally defied a brief weekend dip below key psychological support levels, with buyers stepping in at $1.97 to fuel a high-momentum breakout.
Geopolitical risks have rattled global markets, but XRP has shown relative strength. Trading volumes spiked during the late session, with a decisive breakout at 22:00 UTC accompanied by 217M in volume—triple the average. Analysts remain divided, with bullish targets as high as $6 this month while bears warn of a potential 25% correction to $1.55.
Market structure appears favorable if $2.13-$2.15 holds as support. Institutional activity remains robust, with elevated futures open interest and on-chain data suggesting accumulation rather than distribution.
Ripple Co-Founder Arthur Britto Breaks 14-Year Silence with Cryptic X Post
Arthur Britto, the enigmatic co-founder of Ripple and architect of the XRP Ledger, resurfaced on social media with a single emoji after a 14-year absence. The June 23 post sent shockwaves through the XRP community, with Ripple CTO David Schwartz confirming its authenticity.
Britto's legacy includes the controversial $10,000 XRP price prediction attributed to him in 2017. His 2013 internal memo reveals a contrasting vision—prioritizing utility over speculation, stating "most users may ignore XRP altogether." The ledger's design reflects this pragmatism, engineered for global scalability with near-instant settlements at microscopic costs.