XRP Price Prediction: XRP Down 8% In 1 Week: What Is Going On?

According to the XRP Price Prediction of the Ripple-backed XRP went down by 8% in the past week. The decline in prices is attributed to several factors, including the recent $1.5B liquidation in the crypto market, the macroeconomic uncertainties, and reduced investor confidence in riskier markets such as crypto.

XRP Performance

XRP is currently trading around $2.76, reflecting the XRP price down trend over the past week. The market capitalization of XRP is nearing $165.3 billion. The 24-hour trading volume stands at $ 8.93 billion. The market sentiment remains bearish, with a Fear & Greed Index value of 28, indicating that investors are cautious. The yearly inflation rate of 5.92% is another matter of concern. The token remains in medium volatility of 3.45%. In the past 30 days, the Ripple-backed XRP had only 11 green days.

On the positive side, the coin is trading above its 200-day simple moving average (SMA) of $ 2.57. The 50-day SMA is $ 3.00. The critical support level of XRP is around $2.8. The Relative Strength Index ( RSI) stands at 47.83, indicating a neutral stance. Experts predict a decline in prices in the upcoming week.

Why is the Price of XRP Dropping?

Multiple factors are contributing to the price drop of XRP. In fact, the crypto market has been facing a price backlash in the past week. The leading coins, such as Bitcoin (BTC) and Ethereum ( ETH), experienced a price plunge, and other altcoins followed suit. XRP, despite rebouncing to key support levels, has seen its XRP price down in the past week, and the bearish to neutral momentum is expected to continue.

Several key factors are driving the downturn. The overall macroeconomic landscape remains uncertain in the US. High inflation and a weak labour market reduced investor confidence in high-risk investments such as digital assets. The geopolitical tensions in the past week adversely affected the crypto market as investors considered the dollar as a safer investment.

Economic uncertainty continues with talks about a possible shutdown of the US government. The narrative had prompted investors to move towards traditional investments carrying lesser risk across the financial market. The liquidations worth $1.5 billion in the crypto market in the past week have triggered panic selling of cryptocurrencies, including XRP. The trade volume of XRP surged amidst the liquidations. The talks around a possible ETF and delays around it further dampen the crypto market. The anticipated regulatory changes and talks about stricter crypto regulations globally have further caused a decline in prices. With an uncertain macroeconomic environment, the crypto community is expecting a downturn.

XRP Price Prediction

Crypto experts predict a decline in XRP’s prices in the upcoming week. The projections range from $ 2.77 to $ 2.72. Dips from critical support levels may lead to a further decline. More optimistic crypto analysts are predicting a recovery to $3 at the end of 2025. The bullish scenarios further stretch to $5 at the end of this year or early 2026.

With regards to XRP, the fundamentals are strong with a robust technological ecosystem and facilitation of cross-border payments. The approvals for the XRP-backed ETF could trigger a bullish trend with more institutional inflows. The prospects for XRP in the near term depend on how fast the financial institutions adopt its platform and the amount of institutional capital it can accumulate through the upcoming ETF. The debut of REX-Osprey XRP ETF and futures had generated a positive outlook around the coin. The XRP is expected to consolidate gradually. 

The price declines and short-term volatility are everyday events in the crypto market. Hence, the experts are not ruling out price recovery for XRP and a possibility of reaching higher. Nevertheless, $3 remains a crucial resistance point for XRP. Investors need to remain cautious and keep a close eye on the key parameters, institutional activities, and be realistic about the risks involved. 

Also Read: XRP Price Prediction 2025-2030