XRP Price to Crash Soon as Per Top Crypto Experts

23 hours ago |   readers | 4 mins reading
XRP Price to Crash Soon as Per Top Crypto Experts

An XRP Price Crash Alert Has Been Issued As Analysts Predict Selloff

Technical indicators and top crypto experts are painting a mixed but interesting picture for the future XRP price. Ripple (XRP) is one of the most traded cryptocurrencies, and with solid real-world utility, it is one of the strongest tokens in the market. Currently, the XRP price is $2.20, and the trajectory is neutral, with market sentiment not favoring the bulls or the bears.

The XRP price is undergoing a bullish consolidation, but a potential selloff is on the cards due to an atypical market configuration. The XRP price will lose its upward momentum soon, as per experts. The overall uncertainty in the market is impacting altcoins, and XRP might soon succumb to the broader economic conditions, and lows of $1.55 are expected. 

The XRP price may be vulnerable to a decline of 30% from today’s value, which may be a great entry point for long-term investors. Analysts are convinced that the XRP price will lose its upward momentum and suggest that a setup on the XRP Chart will indicate the downturn soon. 

Source: CoinMarketCap

Unfavorable XRP Price Prediction for 2025

If the XRP Price cannot find support at $2.23, a downtrend is expected to retest its next support level at $1.96. However, if it can find support, it could touch its March 24 high of $2.5 soon. If the upward trend does not continue, and XRP falls below $2.25, the next critical support level to be monitored will be $1.55. 

While retail investors will be unsettled with this price movement, wealthy investors will be able to acquire more XRP tokens. Historically, Ripple has concluded the month on a bullish trend, but technical indicators suggest that this bullish trend cannot be sustained. 

The XRP price will move between $1.4 and $2.28 for the remaining year, and if moderate market conditions prevail, it will have a potential ROI of 3.19%. 

XRP ETF Approval to Push Ripple to New ATH

The US Securities and Exchange Commission (SEC) has delayed its final decision on the spot XRP ETF until June 17. A spot XRP ETF would support the bullish hopes of the market that has been waiting for this for a while. Ripple Labs is still engaged with the SEC in a legal battle, and an end to this case would pave the way for a spot XRP ETF approval. 

The crypto industry is amped up to welcome a US spot XRP ETF, especially since the recent launch of a Brazilian spot XRP ETF fueled optimism further. These bearish signals from the SEC are not helping the XRP price, even though the SEC is reported to be under more crypto-friendly leadership. 

Since the XRP ETFs are not the only ones under scrutiny, the SEC has to be cautious about establishing precedent. Hopefully, the market can stomach this new deadline as the SEC will refrain from hasty actions. 

Conclusion

Market indicators signal a likely downturn for XRP as resistance at key levels holds and broader economic pressures persist. Investors may view a drop to $1.55 as an entry opportunity, but should remain cautious given potential volatility. 

The delayed SEC decision on a spot XRP ETF adds uncertainty, even as future approval could spur bullish momentum. Overall, XRP’s trajectory will depend on both technical setups and regulatory outcomes for the remainder of the year.

About the Author: Sarah Zimmerman is a seasoned crypto and Web3 news writer passionate about uncovering the latest developments in the digital asset space. With years of hands-on experience covering blockchain innovations, cryptocurrency trends, and decentralized technologies, she strives to deliver insightful and balanced news that empowers her readers. Her work is dedicated to demystifying complex topics and keeping you informed about the ever-evolving world of technology. 

Sarah Zimmerman

News Writer

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