XRP Faces Sharp Decline Amid Market Uncertainty, But Institutional Demand Remains Strong

Amid mounting global economic concerns and escalating geopolitical tensions, XRP has experienced significant selling pressure, triggering a corrective move in the cryptocurrency market.

Following the U.S. government’s recent warning about a potential 50% tariff on European Union imports, investor sentiment has soured, dragging XRP down along with other major cryptocurrencies—even as Bitcoin continues to reach new record highs.

Technical analysts highlight a critical support zone between $2.25 and $2.26 for XRP. A breakdown below this level could lead to further declines, with targets as low as $1.55 to $1.90.

However, institutional interest in XRP appears resilient. Volatility Shares’ launch of an XRP futures ETF and increased inflows into leveraged XRP ETFs demonstrate continued accumulation by professional investors during this market pullback.

Technical Snapshot

• Over the past 24 hours, XRP declined 3.46%, moving from $2.361 to $2.303 within a $0.084 range (3.57%).
• The sharpest drop occurred around midnight, where XRP fell to $2.297 on high trading volume of 37.1 million, establishing strong support.
• A second sell-off at 08:00 pushed prices down to $2.280 on a volume surge of 39.9 million, reinforcing a double-bottom pattern that may stabilize the price.
• Later recovery attempts showed XRP climbing from $2.298 to $2.307 between 13:36 and 13:39, driven by a significant spike in volume (480K–627K tokens).
• The resistance at $2.307 was tested repeatedly before profit-taking caused a retreat back to the $2.300 support area, which aligns with a key psychological level.