So, like, XRP is totally going through some rough patches right now. I mean, heavy selling pressure and all that jazz. The whole global economic tension thing is really taking a toll on the cryptocurrency market, and XRP is feeling the heat. It’s like, on May 25, 2025, at around 4:01 p.m., XRP took a nosedive below $2.30, which is pretty significant, you know?
The US government dropping hints about slapping 50% tariffs on European Union imports really threw the market into a frenzy. Like, everyone’s freaking out, and XRP is not immune to the chaos. Even though Bitcoin was out there breaking new all-time highs, XRP was struggling to keep its head above water. Analysts are saying that if XRP falls below the $2.25-$2.26 range, things could get even uglier with prices potentially dropping to the $1.55-$1.90 zone. Yikes, right?
But hey, it’s not all doom and gloom. Despite the market madness, institutional interest in XRP remains pretty strong. Volatility Shares went ahead and launched an XRP futures ETF, and leveraged ETF inflows are soaring. It’s like Wall Street is playing the long game, scooping up positions while the market is in a frenzy. Smart move, I guess.
Now, let’s talk technical stuff. XRP saw a 3.46% correction within 24 hours, with prices going from $2.361 to $2.303. That’s a pretty big range of $0.084, which is like 3.57% or something. The real action happened around midnight when XRP dipped to $2.297 with crazy high volume. Then there was another drop at 08:00, hitting a low of $2.280 with even higher volume, forming a double-bottom pattern. But then, XRP tried to make a comeback, hitting a high of $2.307 before facing resistance at that level. It’s like a rollercoaster, you know?
So, the moral of the story is, XRP is going through some tough times, but there’s still hope for a rebound. Institutional interest is keeping things afloat, but the market remains volatile. Will XRP bounce back or continue its downward spiral? Who knows, man, who knows. But one thing’s for sure, the crypto world is never boring.
