XRP News Today: XRP at Crossroads: Breakdown Looms or Altcoin Season Awaits?
- Peter Brandt warns XRP near critical support level at $2.87, risking a downturn to $2.50 if broken. - Market remains divided: bulls cite adoption and fundamentals; bears highlight weak liquidity and stalled momentum. - Analysts predict potential $10 XRP in 2025 altcoin season, but caution past corrections pose risks. - Institutional adoption and regulatory clarity seen as key long-term drivers, despite macroeconomic and liquidity challenges. - XRP’s future hinges on overcoming resistance and regaining bu
Peter Brandt, a prominent figure in the digital asset space, has raised concerns about the near-term trajectory of XRP , cautioning that the token is on the edge of a potential breakdown. Technical indicators and price action suggest that XRP is currently perched at a critical support level, with the lower boundary of a symmetrical triangle formation being tested. At $2.87, the token remains just above this key trendline, which has been instrumental in maintaining its structure since the breakout in July. If this level fails, a significant downturn could follow, with near-term targets expected to reach the 100 EMA at $2.76 and potentially the 200 EMA at $2.50 [1].
XRP has struggled to break above the resistance range of $3.10 to $3.20, resulting in a tightening trading range. This stagnation is further reinforced by declining trading volume, a pattern that often precedes a major price movement. The RSI hovering near 44 indicates a bearish sentiment shift, with further declines into oversold territory likely to intensify selling pressure [1]. The market remains divided, with bulls pointing to strong on-chain adoption and fundamentals, while bears cite weak liquidity and stalled price momentum as signs of exhaustion.
In contrast to the bearish technical outlook, some analysts have voiced optimism about XRP’s long-term potential. Veteran trader Peter Brandt has predicted an altcoin season in 2025, which could provide a tailwind for XRP. This projection aligns with forecasts from industry experts like Cobb, who has boldly suggested that XRP could reach $10.00 during the next altseason. However, such predictions come with caveats, as some observers caution that XRP’s history of post-peak corrections remains a risk. Past price surges, such as its climb above $3.50 in the summer, have been followed by sharp declines [2].
The broader market environment is also influencing XRP’s trajectory. Institutional adoption and regulatory developments are increasingly seen as key drivers of long-term value for XRP. Advocates highlight the token’s growing utility in the payments sector, including strategic partnerships and on-chain innovation, as catalysts for sustained growth [2]. Despite these positive fundamentals, XRP faces challenges in maintaining momentum without strong retail and institutional liquidity. The asset’s exposure to macroeconomic shifts and regulatory uncertainty further complicates its price outlook.
While XRP remains a focal point for altcoin investors, the broader cryptocurrency market continues to experience volatility due to macroeconomic factors. Bitcoin , for example, has seen its volatility drop to historical lows, attracting more institutional interest. JPMorgan analysts argue that Bitcoin is undervalued by around $16,000 when compared to gold on a volatility-adjusted basis, implying further upside for the leading cryptocurrency [3]. This trend could indirectly benefit altcoins like XRP if broader risk appetite improves and institutional capital continues to flow into the crypto space.
Despite the technical and macroeconomic headwinds, XRP still holds promise for investors willing to take a long-term view. The token’s underlying technology, use cases, and growing adoption could help it withstand near-term volatility and position itself for a potential recovery. However, any significant rally will likely depend on overcoming key resistance levels and regaining bullish momentum, which remains uncertain at this juncture [1].
Source:

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC's Break Below $111,000: A Buying Opportunity or a Warning Sign?
- Bitcoin’s drop below $111,000 sparks debate on entry points vs. bearish risks. - Technical indicators show double-top patterns, RSI divergence, and broken EMAs signaling potential $100k targets. - Institutional buying via ETFs and corporate treasuries, plus historical rebounds during fear, counter technical bearishness. - Market divergence highlights key support levels ($110.75k, $106.5k) as critical for confirming trend direction. - On-chain metrics suggest undervaluation, but volatility remains central

Luxxfolio's $73M Litecoin Treasury Play: A Strategic Bet on Altcoin Institutionalization
- Luxxfolio secures $73M CAD to expand Litecoin treasury and infrastructure, positioning it as a leader in altcoin institutionalization. - Bitcoin ETF approvals in 2025 have spurred institutional interest in altcoins, with over 92 ETF applications under SEC review, including Litecoin. - Litecoin’s CFTC-commodity status and robust metrics (2.94 PH/s hashrate, $12.33B daily volume) bolster its institutional appeal and ETF approval prospects. - Luxxfolio’s $197K Q2 2025 net loss and $112K cash reserves highli

Xiao Feng's Full Speech at Bitcoin Asia 2025: DAT is More Suitable for Crypto Assets than ETF
DAT may be the best way for crypto assets to move from Onchain to OffChain.

Gold's Psychological Edge: How Behavioral Economics Drives GLD's Resilience in Turbulent Times
- Gold prices surged 26% in H1 2025, with GLD mirroring gains as behavioral economics explains risk-averse investor shifts. - The reflection effect drives demand for GLD during volatility, as geopolitical tensions and dollar weakness trigger loss-aversion strategies. - Central banks purchased 710 tonnes of gold quarterly in 2025, reinforcing GLD's role as a hedge against stagflation and currency devaluation. - GLD attracted 397 tonnes of inflows by June 2025, with Chinese ETF holdings rising 70%, reflectin

Trending news
MoreCrypto prices
More








