The price of XRP has dropped below $3 amid a sharp decline in Bitcoin price. However, XRP shows certain signs of stability.
XRP Price Remains Strong
XRP price dropped to $2.83 but is now trading above the key resistance level of $2.90. This level aligns with the golden retracement zone (0.618 Fibonacci). Trader CasiTrades suggests that as long as XRP holds these key support levels, the likelihood of a bullish breakout increases.
Recovery Potential for XRP Price
The first confirmation level for recovery sits at $3.12. A clean break above this price could open doors to higher targets in the $4.40–$5.50 range. However, if Bitcoin drops below $108K, it might pull XRP to test levels around $2.75 or $2.60.
Large Players Moving XRP
Analyst PelinayPA from CryptoQuant highlighted that large flows of XRP moving onto exchanges often signal profit-taking phases. Similar inflow waves were observed when XRP spiked to $3.5–$4 at the start of 2025, indicating that large investors may begin to cash out, increasing the risk of a correction. She outlined three potential scenarios for XRP: short-term risks, mid-term setups, and long-term outlook.
Currently, XRP price is around $2.89, reflecting a 4.77% drop. Despite short-term risks, long-term forecasts remain optimistic.
