The latest XRP price update indicates a 20% crash is expected, with the XRP price expected to drop to $1.70 from $2.25. Ledger activity has fallen sharply lately, and with the pessimism in the market, the downside prospects for Ripple are increasing.
The XRP price update confirms that at the moment, the XRP price is 18% lower than its May peak, and several data points signal a possible drop towards $1.70. The rally in May has prompted bears to book profits, resulting in a sharp correction to current levels. Further downward momentum is predicted by technical analysts, and the XRP price is expected to drop, finding support at $1.72.
There is stiff resistance at $ 2.50 for the Ripple price, according to an XRP price update from top cryptocurrency experts. Overhead pressure from this area is expected to suppress the XRP price over the next couple of months. A key factor in the falling price is the drop in network activity. XRP is the native token of the Ripple ledger, and the number of daily active addresses on the network is now far below the year-to-date high of March 19.
Declining network adoption and user engagement mean there is reduced interest and a lack of confidence in XRP’s near-term outlook. Every time there is a decline in network activity, it is a precursor for price stagnation or drops, as lower transaction volumes reduce liquidity and buying momentum.
The XRP price update for the year suggests cautious optimism amid macro and micro market movements. The XRP price is currently stabilizing after rebounding from support near $2.08. There is possibly some strategic accumulation in the wait for a bull rally amid Bitcoin tailwinds.
Volume trends remain weak, limiting bullish momentum, and the XRP price is facing significant rejection at the $2.30 level. If and when the XRP price breaks above this key resistance with volume confirmation, a bullish continuation is possible; otherwise, analysts predict a limited upside unless broader market sentiment shifts.
Other than the XRP price update, there has been fascinating news from the Ripple CEO Brad Garlinghouse. At a recent event, he sent shockwaves through the crypto industry with his announcement about a paradigm shift in global finance led by Ripple. The original Ripple use case is instant, secure cross-border transactions, but now it is positioning itself as a next-generation financial infrastructure provider.
As Ripple expands its use case, it will also explore stablecoin integration in the future, along with the expansion of cross-border payment rails. It also has deeper global banking partnerships in the pipeline. All these will help accelerate institutional adoption and buoy the XRP price to new all-time highs.
Ripple is not in this for short-term wins but is now executing a multi-decade roadmap that will redefine global finance. It is a bullish vision in a bear market, but savvy investors who understand the potential of the Ripple ledger can view this time as a strategic accumulation window, as Ripple’s token is currently undervalued.
Institutional interest is piqued with Garlinghouse’s announcement, and even retail investors can see that the financial world is shifting with Ripple at the helm.
The latest XRP price update paints a mixed but insightful picture of Ripple’s current market position. Despite the bearish indicators such as declining ledger activity and weakening volume trends, the broader narrative remains cautiously optimistic—especially with Ripple’s evolving role in global finance. Brad Garlinghouse’s bold vision for Ripple as a foundational piece of the next-generation financial infrastructure could eventually be a key bullish catalyst.
In the short term, XRP may continue to face resistance around $2.30, with downside risk toward $1.70. However, for long-term investors, this period may offer a strategic accumulation opportunity, particularly if Ripple executes on its stablecoin plans and deepens global banking partnerships. While current metrics suggest caution, Ripple’s roadmap signals a transformative future that could redefine the value and utility of the XRP token across the financial ecosystem.
Source: CoinMarketCap
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.