Will xrp recover today On the flip side, if XRP manages to secure $2. 1352. XRP price has shown resilience in the face of a broader crypto market selloff, gaining 5% over the past week. 10. 59 after falling 3. ETH, SOL, & XRP prices pumped 5%-16% intraday. XRP price today saw a notable surge of 12%, trading at $2. 3567. The market cap is currently at $106. Ripple’s ongoing legal Dec 19, 2024 · This week’s launch of RLUSD, the Ripple stablecoin that runs on the same XRP Ledger blockchain as XRP and uses the liquidity token as a bridging currency, was a positive development. XRP price today hovers around $2. 15% respectively in the past 24 hours. This decline can be attributed to a combination of legal uncertainties, macroeconomic factors, and market sentiment. 80 to $2. XRP is having a hard time in the market currently. The price did not benefit from the recovery of the wider market and recently stayed around $2. After touching deeply oversold RSI levels earlier today, the token is showing early signs of recovery amid shifting macro headlines. Meme coins also showcased a bullish movement, with TRUMP leading the market gains today. 40 ATH barrier. XRP has been unable to recover lost ground due to the dynamic resistance zones provided by the 50-day and 100-day moving averages. 5B Dec 30, 2024 · Let’s dive in and uncover the factors that could determine XRP’s next move. 05%, leaving investors questioning why is XRP dropping today. 45, representing a 6% and 19% decline in the past day and week, respectively. 2 days ago · Even in today’s red market, MAGACOIN FINANCE remains in the green when it comes to investor demand. Feb 6, 2025 · XRP could see a recovery and stage a rally to $4. The 24-hour low and high stood at $2. Dec 18, 2024 · Will the Crypto Market Recover? According to Coinmarketcap, the overall cryptocurrency market is down by 2. 1 day ago · XRP and other cryptocurrencies lost ground today as investors continued to focus on tariff risks. A bounce from this level might enable the altcoin to breach the $3. Don’t wait for XRP to recover Feb 5, 2025 · The cryptocurrency targeting global payments, XRP, is facing headwinds. However, historical price action suggests strong support zones XRP, the fourth-largest cryptocurrency by market cap, recently dipped below the crucial $2. Even though trading volume increased by 10. 1 day ago · XRP (CRYPTO: XRP) surged more than 11% Tuesday to trade at $1. In the cryptocurrency market today, Ripple CEO Brad Garlinghouse criticized SEC Chair Gary Gensler for the agency’s regulation-by-enforcement approach. Crypto Today: BTC, ETH, and XRP lead $1. 869, respectively. XRP, the fourth-largest cryptocurrency by market cap, recently dipped below the crucial $2. However, historical price action suggests strong support zones Jan 27, 2025 · XRP price is down today after a 6% drop breaking key support levels as bearish sentiment dominates the cryptocurrency market. 38% in the past 7 days, and 22. 00 may be imminent if bulls are able to push XRP above $2. Source: TradingView. The price of XRP dropped below $2. 517 and $2. 00 several times before closing above $2. This comes as Ripple braces for the SEC’s Feb 28, 2025 · XRP’s on-chain activity has plummeted by 50%, dropping from 202,250 active addresses in December to just 101,169 today. 50% loss, closing the session at $2. Expectations around the stablecoin before and after its approval by the New York Department of Financial Services (NYDFS) on December 10, helped push the XRP Feb 11, 2025 · A retest of $3. Mar 12, 2025 · XRP Price Confirms a Bullish Reversal XRP is among the top gainers as crypto prices rebound today amid speculation of a BlackRock XRP ETF application. If successful, XRP could form new highs, effectively invalidating the bearish scenario and reigniting investor confidence. The 200-day moving average is also seen close to $1. 30%, 4. Tokens XRP, solana (SOL Dec 3, 2024 · Despite these challenges, the XRP community, famously referred to as the “XRP Army,” remained steadfast. 18, XRP has demonstrated a moderate recovery and is now trading at about $2. 00 support level, reflecting a broader correction in the crypto market. 06 price point. On the other hand, if the $2. . However, historical price action suggests strong support zones Sep 2, 2024 · XRP's short-term performance is under our radar as it struggles with the recent market volatility. trade negotiations lifted sentiment Mar 10, 2025 · XRP Price Trends: SEC Appeal and XRP-Spot ETFs in Focus On Sunday, March 9, XRP plunged 8. 28% in the last 24 hours. 95, clawing back losses from Monday's tariff-driven sell-off as optimism over potential U. 62, suggesting that the altcoin may recover if XRP stays above this mark. Ripple has broken above the upper trendline of a falling wedge pattern confirming a bullish reversal. Their support helped XRP recover after the partial legal win in July 2023, where a U. Mar 28, 2025 · Why XRP Is Going Down Today: Understanding the Sudden Price Decline. However, historical price action suggests strong support zones Mar 11, 2025 · Based on our analysis of the XRP daily chart, we have identified a support zone around $1. 22. On January 1, 2025, Ripple will release 1 billion XRP tokens as part of its operational funding strategy. According to CoinMarketCap, the altcoin has lost 12. 82, losing 14. 60, which is why it is important to keep an eye on those price levels. Despite this decline, the TD Sequential Indicator is flashing a buy signal on the hourly chart, hinting at a possible relief rally. CoinCodex does not anticipate XRP’s price to hold above $3. 65%, 2. 35% within a single day. XRP’s price will rally by 59. The platform anticipates a correction to the mid-$2 level by late May. This suggests the potential for further short-term declines. Even though this upward trend might seem encouraging, questions about the sustainability of this recovery are raised by a closer examination of the on-chain data. Source: CoinMarketCap Why XRP is Going Down: Ripple Vs SEC and Market Sentiment. Bullish momentum early in today's session was erased as investors weighed the impact of massive 2 days ago · XRP is down over 5% in the past 24 hours but is currently attempting a rebound, trying to push above the $2 level. Jan 15, 2025 · XRP Price Today. 65% over the past week, today’s drop has raised many 1 day ago · Which Asset Will Recover Pre-Crash Levels First? According to CoinCodex, Ripple’s XRP token may breach the $3 mark on Apr. 73 as a strong support, it could regain its footing. 20 support is broken, XRP may return to the $1. Why Is XRP Struggling? A key factor behind the price drop is the upcoming monthly token unlock for XRP. 00. Feb 18, 2025 · Let’s take a closer look at what is going on with XRP today. 66 level, which corresponds to the 200-day MA. Mar 1, 2025 · BTC price recovers to break above $85K. Historically, such events increase selling pressure Jan 27, 2025 · Over the past week, XRP has experienced a sharp drop of 14. 72% to $3. 69%, and 5. After rising from the crucial support level of $2. Why MAGACOIN FINANCE Could Still Hit $1 by 2025. 45. 10; more than 400 million XRP were transferred in a single day. 2 days ago · A crypto market sell-off went from bad to brutal in European morning hours Monday as bitcoin pierced the $75,000 level — extending losses on major tokens to nearly 20%. The cryptocurrency market has witnessed over $613 million in liquidations within 24 hours, and the XRP price has taken a heavy hit. In contrast, major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) witnessed a price decline of over 2. 3% if it hits the $3. Even though XRP gained 4. 62%. XRP has dropped by 6. Its market cap (the total value of all XRP coins combined) is about $150. From a technical perspective, XRP has fallen below critical support levels, including $2. Investors are asking why it is going down today, as they try to understand the factors behind the drop. Its price is currently trading at $2. 2 days ago · Crypto News XRP: Price Decline Amid SEC Silence and Trade Tensions. 22%, adding to Saturday’s 2. AD New Token Alert : Explore Dexboss simplifying Defi for everyone Crypto prices today (March 1) have reignited a bullish Dec 9, 2024 · Curious about where XRP is headed? Read our long term XRP price prediction to uncover insights on potential breakouts and future trends! Can XRP Recover? Key Levels to Watch. 56 billion, this decline still occurred. The coin has shed over 9% in value, raising concerns among investors. 4B capitulation on Black Monday as FTX denies $2. 93% over the last month. According to on-chain data, the volume of XRP payments significantly increased on Feb. 19 with a 2. Jan 24, 2025 · XRP Price Analysis. 80. XRP Price Update: What’s Happening? Right now, XRP is trading at $2. 00 if it holds the lower broadening wedge boundary. court ruled that XRP sales to institutional investors violated securities law, but programmatic sales to retail investors did not. Ripple Labs' prolonged legal battle with the SEC has sparked speculation of Mar 9, 2025 · After making an effort to surpass significant resistance levels, XRP has had difficulty maintaining its upward trend. S. XRP fell as low as 8% today (Wednesday), reaching a low of $2. As of writing, XRP Price has declined to $1. Feb 18, 2025 · Key Notes. Feb 10, 2025 · XRP's recovery not enough. 09% in the last 24 hours, currently trading at $2. XRP is facing difficulties keeping momentum above $0. 70. Ripple’s native token has dropped more Feb 28, 2025 · XRP’s on-chain activity has plummeted by 50%, dropping from 202,250 active addresses in December to just 101,169 today. 32. 42 billion. 5% rise in 24 hours. 00 when a lengthy wick appeared on the chart.
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