Here’s Why XRP Price Dumped Recently

XRP’s sharp pullback over the past day has surprised traders and stirred debate about its next ￰0￱ briefly testing fresh highs, the token reversed course and fell quickly, prompting questions about whether its longer-term uptrend is in danger or if this is only a temporary ￰1￱ market forces, technical charts, and trader sentiment provides insight into the cause of the drop and potential implications for the future. Profit-Taking and Market Headwinds One major factor was profit-taking by large ￰2￱ a strong summer rally and excitement around the new U. S.-listed XRP exchange-traded fund , institutional holders used the push toward the $3.00 level to lock in gains, unleashing heavy selling ￰3￱ conditions were added to the ￰4￱ assets across global markets have wavered as traders digest shifting U.

S. interest-rate expectations and persistent economic uncertainty, putting the entire crypto sector on the defensive. WARNING: THIS IS WHY #XRP DUMPED… ￰5￱ — STEPH IS CRYPTO (@Steph_iscrypto) September 23, 2025 Technical Breakdown at Key Levels Technical signals then accelerated the ￰6￱ a detailed market update, Steph Is Crypto explained that XRP’s attempt to break out of a falling-wedge pattern ended in a “fakeout,” sending the price back into ￰7￱ noted that while XRP still shows a long-term pattern of higher highs and higher lows, it is now testing critical support between $2.85 and $2.90. A daily close below that range could trigger a deeper slide toward the $2.60 ￰8￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Steph also highlighted that XRP briefly dropped beneath its daily EMA ribbons, a sign of weakening short-term momentum.

A sustained rebound above $3.00 to $3.10 would be needed to confirm that bullish strength has ￰9￱ and the Road Ahead Market mood is equally ￰10￱ widely watched Crypto Fear & Greed Index has slipped into “fear,” reflecting traders’ anxiety about further ￰11￱ periods of fear can also present attractive entry points for long-term investors if key supports ￰12￱ Is Crypto stressed that the broader bullish structure remains intact unless XRP closes decisively below about $2.65, which would break its higher-high, higher-low ￰13￱ then, he views the recent drop as a healthy correction within an ongoing ￰14￱ profit-taking, macro uncertainty, and technical resistance converging, XRP now sits at a crucial ￰15￱ are watching the $3.00 ceiling and the $2.85 floor as the levels most likely to determine whether the next decisive move is a recovery or a deeper ￰16￱ : This content is meant to inform and should not be considered financial ￰17￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰18￱ are urged to do in-depth research before making any investment ￰19￱ action taken by the reader is strictly at their own ￰20￱ Tabloid is not responsible for any financial ￰21￱ us on Twitter , Facebook , Telegram , and Google News