XRP Stalls as Traders Pivot—$20M Floods Into These High-Octane Altcoins
Ripple''s sluggish momentum sparks a capital exodus—over $20 million bolts toward trendier tokens. Here''s where the smart (or reckless) money''s landing.
While XRP grinds sideways, traders chase parabolic plays elsewhere. No patience for ''slow and steady'' in today''s casino—err, markets.
XRP Price Prediction: Will Ripple Crash or Soar Amid IPO Rumors?
Ripple is back in the spotlight as IPO rumours heat up following Circle’s strong debut on the NYSE. crypto analyst Pentoshi sparked debate, saying Ripple could land an “insanely stupid” valuation if it goes public – an event that could shake the entire crypto space.
Source | X
Ripple hasn’t confirmed plans, but CEO Brad Garlinghouse has hinted before. With the SEC case winding down and market conditions improving, many expect a filing in late 2025 or early 2026. Circle hit a $16.6 billion valuation, and some think Ripple could match or exceed it.
Still, Ripple’s estimated $11.3 billion value is separate from XRP’s $132 billion market cap. An IPO might boost confidence in Ripple. But XRP’s price prediction won’t automatically follow. It remains tied to the crypto market’s swings and investor sentiment.
Why XRP Might Crash Below $2 Despite Today’s 4% Rally
XRP jumped 4% on June 9, hitting $2.26 after Japan’s Web3 Salon adopted the XRP Ledger. The news sparked excitement, but momentum faded fast. Price hit resistance at the 50-day Simple Moving Average of $2.27. This barrier capped XRP’s price prediction since early May.
Source | TradingView
This rejection strengthens the bearish triangle forming on the charts. If XRP drops below $2.12, analysts expect it to fall below $2. The Relative Strength Index failed to rise, hovering NEAR neutral levels, hinting that buyers are losing steam.
BitGet analyst Ryan Lee issued an interesting xrp price prediction. He sees a short-term dip to $1.70 as likely in June. The dip will be followed by a massive spike toward $3 as Ripple will probably win the SEC battle.
Heavy Long Positioning Signals a Bearish Risk
XRP’s price prediction is also showing signs of weakness on the derivatives market. Coinglass data reveals that most traders are betting on gains.
Binance shows a long/short ratio of 2.45, while OKX shows an even stronger tilt – three longs for every short. This kind of lopsided sentiment raises the risk of a long squeeze. A small drop could trigger heavy liquidations and push XRP’s price prediction lower.
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