XRP has extended its recent decline, falling to a 24-hour low of $2.44, marking its weakest level since October 0 digital asset has now lost over 33% of its value from its all-time high of $3.65 , reached in 1 decline also pulled its market cap below $150 billion, and the asset is currently trading at $2.48, yet to recover that 2 decline mirrors a broader sell-off across the cryptocurrency market following recent macroeconomic developments and a shift in investor 3 Factors Pressure Crypto Prices The current weakness in XRP’s price coincides with a broader market downturn triggered by the Federal Reserve’s latest decisions and geopolitical developments involving the United States and 4 expected, the Federal Reserve opted for lower interest rates by 0.25% and announced that its quantitative tightening program will conclude in 5 these measures are generally supportive of risk assets, markets had largely anticipated 6 a result, investors appear to be engaging in “sell-the-news” behavior, reducing exposure after the announcements rather than increasing 7 weighing on market sentiment was the meeting between 8 Donald Trump and Chinese President Xi Jinping at the APEC 9 the discussions reportedly went smoothly and included some concessions from both sides, the event failed to generate any new positive surprises for 10 combination of these developments led to broad profit-taking across cryptocurrencies, including XRP, as traders looked for the next major 11 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Activity and Emerging Catalysts XRP’s recent decline has coincided with the reduction in speculative 12 data shows futures open interest has fallen to around $4.26 billion from $4.46 billion earlier this week, far below the $11 billion seen earlier this 13 drop indicates that leveraged traders are cutting exposure as volatility increases.
Still, Ripple’s ecosystem remains active, with its RLUSD stablecoin supply rising 15% in the past month and the new XRPR ETF attracting over $113 million in assets, both suggesting longer-term network 14 Outlook for XRP Technically, XRP’s structure has turned decisively 15 token has broken below its multi-week support at $2.7, completing a descending triangle 16 move confirmed a breakdown, followed by a failed retest that reinforced resistance at that 17 indicators show continued weakness, while trading volumes remain low, confirming limited buying 18 50-day moving average is converging towards the 200-day, forming a “ death cross ,” which often signals sustained downside 19 this formation completes, XRP could slide toward the $2 support zone, where buyers may attempt to establish a short-term base before any potential 20 : This content is meant to inform and should not be considered financial 21 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 22 are advised to conduct thorough research before making any investment 23 action taken by the reader is strictly at their own 24 Tabloid is not responsible for any financial 25 us on X , Facebook , Telegram , and Google News
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