Here’s Why XRP Price Dumped Recently

Steph Is Crypto (@Steph_iscrypto), a well-known crypto analyst and XRP supporter on X, recently shared a video revealing the reason for XRP’s decline over the past 24 ￰0￱ the post, he addressed this pullback, framing it as a short-term development within a broader ￰1￱ analysis suggested that while downside levels should be monitored, the overall trend remains ￰2￱ IS WHY #XRP DUMPED! (watch within 24 hours) ￰3￱ — STEPH IS CRYPTO (@Steph_iscrypto) September 14, 2025 XRP’s Recent Pullback The video centered on recent chart ￰4￱ pointed out that XRP had broken out from a falling wedge pattern a few days ago, and initially moved higher, regaining the $3.1 level and showing signs of a continued climb.

However, it has since encountered some ￰5￱ lower time frames, the token has been retreating, prompting questions about whether this downturn signals deeper weakness or a temporary ￰6￱ Levels in Focus The analyst applied a Fibonacci retracement to the latest upward move that began from the lowest point on September ￰7￱ this perspective, key support levels emerge at $2.98, $2.93, and the stronger $2.87 zone, which he described as the golden ￰8￱ to him, these areas represent important markers for traders considering entries in line with the prevailing ￰9￱ argued that this pullback may offer opportunities rather than concern. “This could be a very interesting area to potentially open up new long positions,” he explained, linking short-term weakness to the potential for renewed upside now that the asset’s consolidation phase is ￰10￱ Targets Remain Intact Steph positioned the correction as a healthy part of market structure rather than a sign of trend ￰11￱ the immediate pullback, the analyst highlighted that the technical price target following the wedge breakout sits around $3.64, just below the recent peak of $3.65.

We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He described this as a gain of more than 20% from current ￰12￱ that, he noted the next targets at $4, $4.5, $4.6, and potentially $5, while stressing the importance of approaching each step ￰13￱ further pointed to the daily EMA ribbons, noting that XRP continues to trade above them. This, in his view, shows that “the trend is still up” despite short-term ￰14￱ daily RSI, he added, does not yet show bearish divergence, reinforcing the argument for continuation ￰15￱ noted bearish divergence on XRP’s weekly chart, signaling a possible correction in a few months.

Still, he framed the weekend dip as ￰16￱ a risk-to-reward perspective, he concluded that the downside appears limited compared to the “absolutely massive” potential ￰17￱ : This content is meant to inform and should not be considered financial ￰18￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰19￱ are advised to conduct thorough research before making any investment ￰20￱ action taken by the reader is strictly at their own ￰21￱ Tabloid is not responsible for any financial ￰22￱ us on X , Facebook , Telegram , and Google News