Ripple's XRP Token Plummets to New Low Amid Market Downturn

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 5d ago

Should l Buy XRP?

Price Crash: Ripple's XRP token has dropped to $1.63, down over 55% from its peak in 2026, coinciding with a broader market retreat among Bitcoin and most altcoins, indicating extreme bearish sentiment.
Funding Rate Decline: Third-party data reveals that the weighted funding rate for XRP has fallen to its lowest level in weeks, with a negative funding rate suggesting that shorts are paying longs, signaling expectations of further price declines and reflecting a lack of confidence in the market.
Transaction Volume Plummet: XRP Ledger transactions have sharply decreased from 1.88 million last week to 1.03 million, while active accounts fell from 21,000 to 11,000, indicating a significant drop in market participation that could affect liquidity and price stability.
ETF Demand Drop: Demand for XRP ETFs has significantly declined over the past two weeks, with assets shedding $52 million in a single day, marking the lowest monthly increase on record, which suggests waning investor confidence and potential for further price pressure.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.459	0.788	1.155	1.484	1.851	2.18	2.547
Fibonacci	0.788	1.054	1.218	1.484	1.75	1.914	2.18

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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