Why XRP Price is Down Today? How Low Can XRP Crash?

The news of Trump’s Tariff war and Ripple’s 400 million XRP unlock, valued at around $1.136 billion has instantly shaken the market, sending XRP’s price plummeting by over 24.6% in just 24 hours. XRP has dropped over 15% amid the recent crypto market crash, with a top expert predicting a further drop to $1.90.

This sudden free fall could be a sign that XRP is about to follow its usual trend in February, a month where it has historically underperformed. According to Cryptorank data, XRP has had an average return of -3.00% in February, only finishing in the green four times since 2014. The best performance came in 2022, with a 26.3% gain, but the pattern still suggests February could be a rough month for XRP.

Despite this bearish outlook, experts remain optimistic about XRP’s future, citing key support levels and potential recovery. There is also a growing buzz about XRP ETF approval in 2025, the closure of the Ripple vs SEC case, and IPO launch making its recovery still possible. 

Is Ripple (XRP) in a Bear Trap?

Renowned analyst EGRAG CRYPTO warned that XRP’s vulnerability could lead to a drop to $2.30, with $1.90 acting as the last line of defense. The 21-day Exponential Moving Average (EMA) has been identified as a crucial indicator in the current market downturn. While the outlook is bearish, the expert suggested that such a dip could create a buying opportunity for investors.

Turning down the bull theory, crypto analyst, Ali Martinez, keeps his foot down over XRP, pointing to the TD Sequential indicator, which had signaled a sell-off a week ago. Martinez’s warning underscores the risk of further declines. 

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What’s Next for XRP Price?

XRP’s future price movement will depend on how it reacts to support zones. If XRP can hold above $2.30, a recovery may be possible. However, a break below $1.90 could lead to a deeper sell-off. Despite the recent 15% drop to $2.43 and rising trading volumes, XRP’s Relative Strength Index (RSI) is 34 which means a potential bullish momentum ahead.

Yet the other factors like XRP Future Open Interest dropped by 35% reflecting bear sentiment to continue. Overall the global market is in a panic state as Trump is delaying the crypto regulations and his move to fix the tariffs is creating tension on a global scale. 

Experts remain divided on XRP’s immediate future, with some predicting a potential rally back to $4, while others anticipate a more prolonged downturn as the legal case is still not resolved. Despite the sell-off, XRP is still viewed as having long-term growth potential.