XRP finds itself at a crossroads amid fluctuations in the cryptocurrency market. Growing buyer interest and the threat of price decline raise questions about the token's future.
Risks of XRP Decline
XRP's recent rally may have turned problematic: data shows that some investors are beginning to actively sell their tokens. The market has become vulnerable to sharp sell-offs, with over 70% of the market cap realized since late 2024. If the current price continues to decline, XRP could sink to $1.35–$1.60.
Current Price Analysis of XRP
XRP still holds hope for a reversal within the $1.99-$2.09 support range, which has held for six months. Trading indicators suggest a rise in long positions, indicating potential overcoming of the current price structure and a return of interest in the asset.
Regulatory Prospects and Competition
Donald Trump's victory in the 2024 elections could have a positive impact on XRP due to his pro-crypto policies. New XRP ETFs are expected to attract significant investments. Compared to Dogecoin, XRP boasts real utility and support from financial institutions.
XRP is at a critical stage where selling pressure from investors may lead to price drops. However, regulatory changes and support from government structures could foster its recovery. Key levels should be closely monitored to predict possible asset movements.
